Latest news with #GNFC
Mint
27-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 27 May 2025
Breakout stocks to buy or sell: The benchmark equity indices closed with gains for the second consecutive day after Monday's 26 May 2025 trading session, fueled by positive investor sentiment in the market. Key factors like Donald Trump's EU tariff deadline extension and the RBI dividend fueled the positive stock market sentiments. The Nifty 50 index closed 0.60 per cent higher at 25,001.15 points, compared to 24,853.15 points at the previous market close. The BSE Sensex closed 0.56 per cent higher at 82,176.45 points after Monday's trading session, compared to 81,721.08 points in the previous market close. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Nifty 50 index is expected to reach 25,400 in the 'near term' after the market's positive undertones. The stock market expert recommended that investors continue taking a stock-specific approach and invest in stocks that are strong on the technical front. On the outlook for the Indian stock market today, Sumeet Bagadia said, 'The undertone for the Indian stock market is positive as the Nifty 50 index retested 25,000. The benchmark index is set to touch 25,400 in the near term. So, one should maintain a stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option.' Regarding breakout stocks to buy today, Sumeet Bagadia recommended buying GNFC, Olectra Greentech, KEC International, Modison, and Finolex Industries on Tuesday, 27 May 2025. 1. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC): Buy at ₹ 546.4; Target at ₹ 585; Stop Loss at ₹ 527. 2. Olectra Greentech Ltd (OLECTRA): Buy at ₹ 1,345.40; Target at ₹ 1,439; Stop Loss at ₹ 1,298. 3. KEC International Ltd. (KEC): Buy at ₹ 861.45; Target at ₹ 992; Stop Loss at ₹ 831. 4. Modison Ltd (MODISONLTD): Buy at ₹ 147.35; Target at ₹ 158; Stop Loss at ₹ 142. 5. Finolex Industries Ltd (FINPIPE): Buy at ₹ 223.51; Target at ₹ 240; Stop Loss at ₹ 215. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Business Upturn
26-05-2025
- Business
- Business Upturn
GNFC shares rally over 5% after Q4 profit jumps 65% YoY
By Aditya Bhagchandani Published on May 26, 2025, 09:24 IST Shares of Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) surged 5.18% to Rs 540.00 in early trade on Monday, after the company posted strong Q4 FY25 earnings. The stock gained Rs 26.60 from its previous close of Rs 513.40, lifting its market capitalization to Rs 79.50 billion. In the quarter ended March 2025, net profit rose 65.4% year-on-year (YoY) to Rs 210 crore, compared to Rs 127 crore in Q4 FY24. EBITDA jumped 65.5% YoY to Rs 240 crore, from Rs 145 crore in the same quarter last year. The company also reported a significant improvement in EBITDA margin, which expanded to 11.7%, up from 6.9% in the corresponding period, indicating stronger operational efficiencies and tighter cost control. However, revenue from operations dipped 2.6% YoY to Rs 2,055 crore, slightly lower than Rs 2,110 crore reported in the previous year. Despite this minor topline contraction, GNFC's sharp improvement in margins supported the overall profitability for the quarter. The stock has been actively traded with an average volume of 481.77K shares and currently offers a dividend yield of 3.05% and trades at a P/E ratio of 15.41. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
23-05-2025
- Business
- Business Standard
GNFC Q4 results: Profit jumps 62% to Rs 211 cr, revenue marginally down
Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) on Friday reported a 62 per cent increase in consolidated net profit to Rs 211 crore for the March quarter. Its net profit stood at Rs 130 crore in the year-ago period. Total income fell to Rs 2,177 crore during the fourth quarter of the last fiscal year from Rs 2,218 crore in the corresponding period of the preceding year. During the 2024-25 fiscal year, GNFC's net profit increased to Rs 597 crore from Rs 497 crore in the preceding year. Total income declined to Rs 8,393 crore last fiscal year from Rs 8,399 crore in the 2023-24 financial year. Commenting on the results, T Natarajan, Managing Director of GNFC, said, "The improved results are attributable to improved volumes apart from lower feed and fuel prices helping margin improvement. At Dahej complex, the shutdown period impacted the sales volumes." In case of fertilisers, he said the positive support of central government in announcing supportive NBS (nutrient based subsidy) rates has helped improve the fertiliser segment results apart from reduction in input costs and fixed costs. GNFC is a joint sector enterprise promoted by the Government of Gujarat and the Gujarat State Fertilizers & Chemicals Ltd (GSFC). It was set up at Bharuch, Gujarat, in 1976.
Trade Arabia
27-03-2025
- Business
- Trade Arabia
thyssenkrupp Uhde lands big India chemical plant contract
thyssenkrupp Uhde, a global leader in chemical technology solutions, has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) for the construction of a third Weak Nitric Acid (WNA-III) plant at Bharuch, Gujarat in India. The project scope includes licensing, basic and detailed engineering, procurement, construction, commissioning, and start-up services. The new plant, with a capacity of 600 metric tons per day (MTPD) of weak nitric acid, will be based on thyssenkrupp Uhde's advanced technology, ensuring high operational efficiency, safety, and sustainability. As one of India's largest nitric acid production facilities, the plant will incorporate Uhde's proven EnviNOx technology, significantly reducing greenhouse gas emissions by eliminating nitrogen oxides from the production process. This contract marks another milestone in the three-decade-long partnership between thyssenkrupp Uhde and GNFC, which has already seen the successful execution of the WNA-I and WNA-II plants. The collaboration continues to reinforce trust, technical excellence, and innovation in India's chemical sector. Dr T Natarajan, IAS, Managing Director, GNFC, said: "We are excited to strengthen our market presence in India's Weak Nitric Acid sector with this new plant based on thyssenkrupp Uhde's advanced technology. Our existing nitric acid plants, also licensed by thyssenkrupp Uhde, have been instrumental in supporting the downstream sector." "This expansion aligns with the 'Make in India' campaign while reinforcing our commitment to environmental sustainability," stated Natarajan. Nadja Håkansson, CEO, thyssenkrupp Uhde, said: "We are proud to extend our collaboration with GNFC and contribute to their expansion plans. With our world-class technologies and project execution expertise, we continue to support sustainable and resource-efficient fertilizer production, ensuring long-term benefits for millions.' The project will be executed by thyssenkrupp Uhde's Indian subsidiary, a leading EPC and engineering consultancy firm with extensive experience across the petrochemical, refinery, fertilizer, and cryogenic storage sectors," stated Håkansson.
Yahoo
07-02-2025
- Business
- Yahoo
Acetic Acid Market Projected to Achieve Significant Revenue Growth By 2032
'INEOS Acetyls and GNFC, longtime partners, will form a JV to bring their Acetic Acid project to market by 2028. GNFC remains India's sole Acetic Acid producer.' United States, New York, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Introspective Market Research is pleased to announce the publication of its latest report, Acetic Acid Market. This in-depth analysis shows that the Global Acetic Acid Market, valued at . This anticipated expansion reflects a strong from 2024 to 2032. The Global Acetic Acid Market is set for considerable expansion from 2024 to 2032, Fueled by requirement for vinyl acetate monomer (VAM), which is utilized in the manufacture of paints, coatings, and adhesives. This greatly affects industries such as construction, automotive, and packaging. Moreover, acetic acid is essential in the pharmaceutical sector, as it is involved in the preparation of drugs, especially tablets and intravenous solutions, reinforcing the increasing dependence on pharmaceuticals. The personal care industry also drives demand, utilizing bio-acetic acid as a preservative and pH stabilizer in items such as shampoos and conditioners. Finally, technological innovations, such as low-emission manufacturing methods and effective catalysts, have rendered acetic acid production more economical, thereby bolstering market Industry Insights – High Demand for Vinyl Acetate Monomer (VAM): The market for acetic acid is propelled by the strong demand for Vinyl Acetate Monomer (VAM), a significant derivative commonly utilized in paints, coatings, and adhesives. Its function in creating PET plastics increases demand in the packaging industry. Moreover, acetic acid acts as a preservative and acidity controller in the food and drink sector. Expansion in the textile and chemical sectors also drives demand, since acetic acid is crucial for synthetic fibers and coloring agents. The market is further affected by the growing transition to sustainable chemical manufacturing, as bio-based acetic acid is becoming popular as an environmentally friendly option. Growing Opportunities in Plastics, Rubber, Ink, and Textile Industries The acetic acid market offers considerable growth potential in multiple sectors including plastics, rubber, ink, and textiles, owing to its adaptability as a fundamental component in chemical production. In plastics, it plays a role in creating polyvinyl acetate (PVA) and acetate fibers, whereas in rubber, acetic acid is essential for making rubber adhesives and sealants. With the growing demand for eco-friendly and sustainable products, acetic acid's contribution to green chemistry solutions enhances its market potential even more. "Research made simple and affordable – Trusted Research Tailored just for you – IMR Knowledge Cluster" Raw Material Price Fluctuations on Production Costs The fluctuation in the cost of raw materials, such as methanol and crude oil, presents a significant challenge for industries reliant on these inputs. As these materials are essential for the production of various chemicals and plastics, price volatility can directly impact production costs. An increase in raw material prices often leads to higher manufacturing expenses, squeezing profit margins for companies. This volatility may also result in the need for price adjustments, which can affect competitiveness and customer relations. Key Players to Watch: Celanese Corporation (USA) Chang Chun Group (Taiwan) Daicel Corporation (Japan) Eastman Chemical Company (USA) GNFC Limited (India) INEOS (United Kingdom) Jiangsu SOPO (Group) Co. Ltd. (China) Kingboard Holdings Limited (Hong Kong) LyondellBasell Industries Holdings BV (USA) Mitsubishi Chemical Corporation (Japan) PetroChina Company Limited (China) Sabic (Saudi Arabia) Shandong Hualu-Hengsheng Chemical Co. Ltd. (China) Shanghai Huayi Holding Group Co. Ltd. (China) Sipchem Company (Saudi Arabia) Svensk Etanolkemi AB (SEKAB) (Sweden) Tanfac Industries Ltd. (India) Yankuang Group (China) and Other Active Players Recent Development In November 2024, Gujarat Narmada Valley Fertilizer and Chemicals (GNFC) entered into a Memorandum of Understanding (MoU) with INEOS Acetyls International, United Kingdom (INEOS), to create a Joint Venture Company (JVCo.) in India. GNFC acquired a 50% ownership in the JVCo., whereas INEOS possessed the remaining 50%. In March 2023, KBR has revealed its purchase of Acetica, an advanced acetic acid production technology, enhancing its standing in the petrochemicals industry. This acquisition boosts KBR's value chain by providing an effective and profitable route for CO₂ utilization, in line with the company's sustainability goals. Acetica offers a groundbreaking approach to producing acetic acid, an essential chemical utilized in multiple industries such as textiles, plastics, and Segments of Market Report – By Type Vinyl Acetate Monomer (VAM) Purified Terephthalic Acid (PTA) Ethyl Acetate Acetic Anhydride Other Derivatives By Application Plastics and Polymers Food and Beverage Adhesives, Paints, and Coatings Textile Medical Other Applications By Region: The Asia-Pacific region is expected to lead in global acetic acid capacity expansions, mainly due to China. The largest growth is attributed to the Guangdong Shengyuanda Technology Jieyang Acetic Acid Facility. The Asia-Pacific area currently leads the worldwide acetic acid market because of significant demand from sectors like textiles, plastics, and pharmaceuticals. The area gains advantages from robust manufacturing strengths, accelerating urbanization, and a growing demand for derivatives such as vinyl acetate monomer (VAM) and purified terephthalic acid (PTA). Supportive government policies and technological progress additionally contribute to market growth, positioning Asia-Pacific as the world leader in acetic acid production and Offerings: Strategic Points Covered in Table of Content of Acetic Acid Market: Executive Summary: Into the market research report, the executive summary highlights the most critical market findings, including key trends and actionable insights, offering clients a snapshot of the report's core takeaways. Market Landscape: This section is crafted to include a detailed analysis of Acetic Acid Market Dynamics, Growth Trends, And Regulatory Frameworks. Tools like PESTEL Analysis, Value Chain Analysis, and Investment Pockets are employed to present a thorough market outlook and future growth projections. Acetic Acid Market Competitive Analysis: The competitive analysis examines the Key Players, Their Positioning, Strengths, And Opportunities. By mapping competition, we provide actionable intelligence for clients to strategize effectively. Acetic Acid Market Segmentation Analysis: In segmentation, we break down the market into Key and Sub-Segments, focusing on their growth potential, demand patterns, and overall market contribution. Regional Analysis : Through in-depth global, regional, and country-level insights, we analyse key growth drivers and challenges specific to each geography. Acetic Acid Market Analyst Viewpoint and Conclusion: The concluding section consolidates the findings, offering strategic recommendations and emphasizing practical, client-centric strategies to navigate market complexities. Thematic Research Methodology: Leveraging primary and secondary research, we ensure data authenticity and reliability. Our reports follow the MORE Principle: Magnifying Insights: Delivering accurate and detailed research findings. Optimizing Strategies: Customizing strategies for client needs. Refining Solutions: Continuously enhancing research processes. Elevating Client Impact: Creating measurable value for client success. About Us: Introspective Market Research (IMR) is an international market research and consulting company that focuses on leveraging big data and sophisticated analytics to deliver in-depth market insights. Our team of specialists assists clients in understanding upcoming market trends by examining historical and current data, providing precise predictions, and suggesting practical strategies. We concentrate on demand evaluation, competitive comparison, and macro-economic analysis to provide comprehensive industry insights. IMR's client-focused strategy guarantees individualized services, offering custom research and subscription reports specifically designed to meet each client's requirements. With robust work principles, a devoted support team, and a focus on providing valuable, data-informed solutions, we assist our clients in confidently reaching their business objectives. Contact Us: Canada Office Introspective Market Research Private Limited, 138 Downes Street Unit 6203- M5E 0E4, Toronto, Canada. APAC Office Introspective Market Research Private Limited, Office No. 401, Saudamini Commercial Complex, Kothrud, Pune, India 411038 Ph no: +91-81800-96367 / +91-7410103736 Email: sales@
