Despite a dull first half (H1 FY25), shareholders of Coromandel International are brimming with optimism. The fertilizer firm's stock hit a new 52-week high of ₹1,882 on Wednesday, taking its gains so far this year to 46%.
In his first interaction with analysts this week, managing director and CEO S Sankarasubramanian highlighted the increased thrust on cost savings from backward integration. The company expects it to result in an increase of about 40% in Ebitda per tonne for manufactured fertilizers to around ₹7,000 by FY28 from the guidance of ₹4,500-5,000 per tonne for FY25. In H1, it stood at ₹4,800.
هذه القصة مأخوذة من طبعة December 20, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 20, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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