Zuari Agro Chemicals consolidated net profit rises 133.42% in the December 2022 quarter

Reacting to the announcement, shares of select fertiliser players including The Phosphate Company jumped around 5 per cent. Madras Fertilizers, Fertilizers and Chemicals Travancore, Pradeep Phosphates and Zuari Agro also rallied up to 4 per cent in the morning trade.

Budget 2023: Fertilizer, agri stocks jump as FM announces agriculture credit target to be increased to Rs 20 lakh crore

Zuari Agro Chemicals reports consolidated net loss of Rs 36.37 crore in the September 2022 quarter

The company’s board approved appointment of Manish Malik as chief financial officer (CFO) and key managerial personnel (KMP) with effect from Thursday, 6 October 2022.

Zuari Agro appoints Manish Malik as CFO

After the opposition benches termed Zuari Agro Chemical’s ‘land selling’ a scam of Rs 50,000 crore, Goa Chief Minister Pramod Sawant assured the house to keep the registration of sale deeds on hold

Goa CM assures to put Zuari Agro land sale on hold as oppn alleges scam

Proceed of ₹2,135 crore will be used to pare debt

Zuari Agro Chemicals completes sale of Goa unit

Zuari Agro Chemicals reports consolidated net profit of Rs 5.69 crore in the March 2022 quarter

Zuari Agro Chemicals rose 1.07% to Rs 161.20 after the company said that the initial public offering (IPO) of Paradeep Phosphates will open on 17 May 2022.

Zuari Agro gains on unveiling Paradeep Phosphates IPO details

PPL’s IPO Bid/Offer opening will be on 17 May 2022 and Bid/Offer closing will be on 19 May 2022. Further, Anchor Investors shall Bid one Working Day prior to the Bid/Offer Opening Date, i.e., on 13 May 2022.

Zuari Agro Chemicals update on Paradeep Phosphates proposed IPO of Rs 1004 cr

Nalwa Sons Investments Ltd, Zuari Agro Chemicals Ltd, Ashima Ltd and Dhunseri Investments Ltd are among the other gainers in the BSE’s ‘B’ group today, 03 February 2022.

Shivalik Bimetal Controls Ltd leads gainers in ‘B’ group

Zuari Agro Chemicals reports consolidated net profit of Rs 29.65 crore in the December 2021 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Zuari Agro Chemicals Limited is a fertilizer company engaged in the manufacture, sale and trading of fertilizers and seeds.