|
15 Apr 2025 |
Coromandel
|
Consensus Share Price Target
|
2106.70 |
2060.25 |
- |
-2.20 |
buy
|
|
|
|
|
13 Mar 2025
|
Coromandel
|
Sharekhan
|
2106.70
|
2208.00
|
1797.70
(17.19%)
|
4.81 |
Buy
|
|
|
Coromandel International announced the signing of definitive agreements to acquire a majority stake in NACL Industries Limited (NACL). Coromandel is set to acquire 53% shareholding in NACL industries, for consideration of Rs 820 Crores at Rs 76.7/- price per share from the current promoter KLR Products Limited.
|
|
27 Oct 2024
|
Coromandel
|
Motilal Oswal
|
2106.70
|
2000.00
|
1597.85
(31.85%)
|
Target met |
Buy
|
|
|
Coromandel International (CRIN) reported subdued operating performance in 2QFY25 (EBIT down 10% YoY) due to a lower NBS rate and high raw material prices.
|
|
25 Oct 2024
|
Coromandel
|
Sharekhan
|
2106.70
|
1917.00
|
1597.85
(31.85%)
|
Target met |
Buy
|
|
|
Revenues reached Rs. 7,433 crore, rising by 6% y-o-y and by 57% q-o-q, primarily driven by higher volumes of primary sales.
|
|
21 May 2024
|
Coromandel
|
Geojit BNP Paribas
|
2106.70
|
1354.00
|
1240.75
(69.79%)
|
Target met |
Hold
|
|
|
|
|
27 Oct 2023
|
Coromandel
|
Sharekhan
|
2106.70
|
1222.00
|
1040.80
(102.41%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Coromandel
|
Prabhudas Lilladhar
|
2106.70
|
1330.00
|
979.50
(115.08%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Coromandel
|
Sharekhan
|
2106.70
|
1155.00
|
1043.40
(101.91%)
|
Target met |
Buy
|
|
|
|
|
25 May 2023
|
Coromandel
|
Geojit BNP Paribas
|
2106.70
|
1060.00
|
927.50
(127.14%)
|
Target met |
Accumulate
|
|
|
|
|
17 May 2023
|
Coromandel
|
Prabhudas Lilladhar
|
2106.70
|
1310.00
|
979.75
(115.02%)
|
|
Buy
|
|
|
|
|
16 May 2023
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1180.00
|
962.15
(118.96%)
|
Target met |
Buy
|
|
|
|
|
10 Mar 2023
|
Coromandel
|
Geojit BNP Paribas
|
2106.70
|
1054.00
|
914.70
(130.32%)
|
Target met |
Accumulate
|
|
|
|
|
07 Feb 2023
|
Coromandel
|
Prabhudas Lilladhar
|
2106.70
|
1350.00
|
901.15
(133.78%)
|
|
Buy
|
|
|
|
|
06 Feb 2023
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1180.00
|
892.80
(135.97%)
|
Target met |
Buy
|
|
|
|
|
15 Nov 2022
|
Coromandel
|
Geojit BNP Paribas
|
2106.70
|
1058.00
|
903.55
(133.16%)
|
Target met |
Accumulate
|
|
|
|
|
06 Nov 2022
|
Coromandel
|
Prabhudas Lilladhar
|
2106.70
|
1200.00
|
946.10
(122.67%)
|
|
Buy
|
|
|
|
|
05 Nov 2022
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1140.00
|
953.40
(120.97%)
|
Target met |
Buy
|
|
|
|
|
09 Aug 2022
|
Coromandel
|
Geojit BNP Paribas
|
2106.70
|
1171.00
|
1076.05
(95.78%)
|
|
Accumulate
|
|
|
|
|
19 Jul 2022
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1160.00
|
995.45
(111.63%)
|
|
Buy
|
|
|
|
|
30 Apr 2022
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1065.00
|
910.10
(131.48%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2022
|
Coromandel
|
Motilal Oswal
|
2106.70
|
1015.00
|
801.75
(162.76%)
|
Target met |
Buy
|
|
|
CRIN reported a better than expected operating performance, despite rising input costs, due to backward integration and steps taken to lower the cost of raw material (particularly rock phosphate), while maintaining the same level of quality. It did so by establishing an alternative sourcing destination and with better efficiency. Raw material prices and volume growth in fertilizers remain a key monitorable going forward. Factoring in its 3Q performance, we have raised our FY22E earnings by 7%, but have maintained our FY23E/FY24E estimate. We value CRIN at...
|