Latest news with #ParadeepPhosphates
Mint
2 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 7 August 2025
Breakout stocks buy or sell: After the Reserve Bank of India's policy announcement, the Sensex slipped by 166.26 points, closing at 80,543.99, while the Nifty fell 75.35 points to settle at 24,574.20. Investor sentiment was further weighed down by former U.S. President Donald Trump's renewed warning of increased tariffs on Indian exports. Amid the broader market decline, both mid and small-cap stocks came under pressure, with the NSE Midcap index dropping 0.8 percent and the Smallcap index declining by more than 1 percent. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious as the Nifty 50 index has closed near it's support placed at 24,500. Speaking on the outlook of Indian stock market, Bagadia said, ' On the upper side, the 50-stock index is facing resistance at 24,950. Bullish or bearish trend can be assumed on the breakage of either side of the range. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart." Sumeet Bagadia recommends five breakout stocks to buy today: Paradeep Phosphates, Cupid, Zuari Agro Chemicals, Global Health, and Metropolis Healthcare. 1] Paradeep Phosphates: Buy at ₹ 23.57, target ₹ 250, stop loss ₹ 223; 2] Cupid: Buy at ₹ 167.8, target ₹ 180, stop loss ₹ 161; 3] Zuari Agro Chemicals: Buy at ₹ 363, target ₹ 390, stop loss ₹ 350; 4] Global Health (Medanta): Buy at ₹ 1338, target ₹ 1432, stop loss ₹ 1290; 5] Metropolis Healthcare: Buy at ₹ 2055.7, target ₹ 2200, stop loss ₹ 1983. 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.
Economic Times
30-07-2025
- Business
- Economic Times
Fertiliser, Agrochem shares gain on Q1, monsoon boost
Mumbai: Shares of fertiliser and agrochemical companies were among the top gainers on Tuesday, as sentiment got a fillip after better-than-expected first-quarter results by some firms and strong monsoons. ADVERTISEMENT Paradeep Phosphates ended 8.6% higher to an all-time high of ₹216.3, after the company's profit after tax rose 4,655% from the same period a year ago. Mangalore Chemicals and Fertilisers rallied 9.5%. Other stocks like Deepak Fertilisers, Rallis India, Sumitomo Chemical, GSFC and Coromandel International were up 4-6% on Tuesday. "We've seen strong Q1 results from several companies in the agrochemicals and fertilisers space, including Coromandel International, Paradeep Phosphates, and Mangalore Chemicals & Fertilisers, driving stock gains on Tuesday," said Anita Gandhi, head of institutional broking at Arihant Capital. Gandhi said that a recent pickup in demand, following a post-Covid slowdown, along with supportive monsoon forecasts, which are expected to be 6% above normal, has improved sentiment. Shares of most of these companies have moved up strongly in recent months, with Mangalore Chemicals and Fertilisers, Sharda Cropchem, Paradeep Phosphates, Rallis and Coromandel International up 36-115% over the past six Biyani, vice president at Elara Securities, said he remains 'constructive' on phosphatic fertiliser makers from a longer-term perspective, particularly on Coromandel and Paradeep Phosphate. He said that companies like Coromandel and Paradeep represent strong import replacement plays."India imports around 8 million tonnes of phosphatic fertilisers, and domestic capacity expansions position these firms well to meet future demand," said Biyani. Elara has a price target of ₹2,737 for Coromandel International. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
30-07-2025
- Business
- Time of India
Fertiliser, Agrochem shares gain on Q1, monsoon boost
Mumbai: Shares of fertiliser and agrochemical companies were among the top gainers on Tuesday, as sentiment got a fillip after better-than-expected first-quarter results by some firms and strong monsoons. Paradeep Phosphates ended 8.6% higher to an all-time high of ₹216.3, after the company's profit after tax rose 4,655% from the same period a year ago. Mangalore Chemicals and Fertilisers rallied 9.5%. Other stocks like Deepak Fertilisers , Rallis India , Sumitomo Chemical , GSFC and Coromandel International were up 4-6% on Tuesday. Explore courses from Top Institutes in Please select course: Select a Course Category Others Degree Public Policy Finance Data Science Technology CXO others MBA PGDM Cybersecurity MCA Design Thinking Product Management healthcare Artificial Intelligence Data Analytics Healthcare Digital Marketing Management Data Science Project Management Operations Management Leadership Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 1 minute and see why everyone is addicted. Undo "We've seen strong Q1 results from several companies in the agrochemicals and fertilisers space, including Coromandel International, Paradeep Phosphates, and Mangalore Chemicals & Fertilisers, driving stock gains on Tuesday," said Anita Gandhi, head of institutional broking at Arihant Capital. Gandhi said that a recent pickup in demand, following a post-Covid slowdown, along with supportive monsoon forecasts, which are expected to be 6% above normal, has improved sentiment. Agencies Shares of most of these companies have moved up strongly in recent months, with Mangalore Chemicals and Fertilisers, Sharda Cropchem , Paradeep Phosphates, Rallis and Coromandel International up 36-115% over the past six months. Prashant Biyani, vice president at Elara Securities, said he remains 'constructive' on phosphatic fertiliser makers from a longer-term perspective, particularly on Coromandel and Paradeep Phosphate. He said that companies like Coromandel and Paradeep represent strong import replacement plays. Live Events "India imports around 8 million tonnes of phosphatic fertilisers, and domestic capacity expansions position these firms well to meet future demand," said Biyani. Elara has a price target of ₹2,737 for Coromandel International.
Economic Times
29-07-2025
- Business
- Economic Times
Paradeep Phosphates shares soar over 17% to hit new 52-week high on Q1 cheer
Shares of Paradeep Phosphates soared 17.5% on Tuesday to touch a new 52-week high of Rs 234.05 on the BSE, after the company reported a strong set of earnings for the quarter ended June 2025 (Q1 FY26). ADVERTISEMENT The company's consolidated net profit for the quarter stood at Rs 255.85 crore, marking a 59.9% increase compared to Rs 160.03 crore recorded in the corresponding quarter of the previous financial year (Q1 FY25). The surge in profit was supported by growth in both revenue and operating efficiency. Revenue from operations rose to Rs 3,754 crore in Q1 FY26, up 7.4% from Rs 3,494 crore in Q1 FY25. The company's earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter came in at Rs 465.87 crore, reflecting a 34.2% jump over Rs 347.07 crore posted during the same period last year. The EBITDA margin also expanded notably, improving by 248 basis points year-on-year to 12.4% in Q1 FY26, compared to 9.9% in Q1 FY25. The improvement in margins signals enhanced operational leverage and cost control during the fertilizer maker announced its financial results post market hours on Monday, reporting a sharp year-on-year rise in profitability and operating in 1981, Paradeep Phosphates is a manufacturer of non-urea fertilizers and India's second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid. ADVERTISEMENT Also read: Mazagon Dock shares shed 5% as Q1 profit drops 35% YoY. Should you buy at current levels? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
29-07-2025
- Business
- Time of India
Paradeep Phosphates shares soar over 17% to hit new 52-week high on Q1 cheer
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Paradeep Phosphates soared 17.5% on Tuesday to touch a new 52-week high of Rs 234.05 on the BSE, after the company reported a strong set of earnings for the quarter ended June 2025 (Q1 FY26).The company's consolidated net profit for the quarter stood at Rs 255.85 crore, marking a 59.9% increase compared to Rs 160.03 crore recorded in the corresponding quarter of the previous financial year (Q1 FY25). The surge in profit was supported by growth in both revenue and operating from operations rose to Rs 3,754 crore in Q1 FY26, up 7.4% from Rs 3,494 crore in Q1 FY25. The company's earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter came in at Rs 465.87 crore, reflecting a 34.2% jump over Rs 347.07 crore posted during the same period last EBITDA margin also expanded notably, improving by 248 basis points year-on-year to 12.4% in Q1 FY26, compared to 9.9% in Q1 FY25. The improvement in margins signals enhanced operational leverage and cost control during the fertilizer maker announced its financial results post market hours on Monday, reporting a sharp year-on-year rise in profitability and operating in 1981, Paradeep Phosphates is a manufacturer of non-urea fertilizers and India's second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic read: Mazagon Dock shares shed 5% as Q1 profit drops 35% YoY. Should you buy at current levels? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
