This chemical fertilizer shares doubles in less than one month after murugappa group acquires it, share on regular upper circuit after the news came out because the ability of murugappa group of turn around the company thats why we saw the surge in share price.
Price Increase:
Market capitalization of Rs. 3,739 Crore, the stock of NACL INDUSTRIES LTD share was Rs 80 on 3rd march and now it is Rs 189 today, the share is on its all time high.
Financial Metrics:
Company reported a 22 percent YoY decrease in revenue from Rs. 1779 Crore in Q3FY24 to Rs. 1490 Crore in Q3FY25. On a QoQ basis, the company reported a decrease of 43 percent in revenue from Rs. 448 Crore to Rs. 268 Crore .
Their Net loss saw an decrease of 15 percent YoY from Rs. -59 Crore to Rs. -51 Crore for the same period. On a QoQ basis, the company came from profit to loss Rs 15 Crore profit in last quater to -36 Crore loss.
About The Company:
NACL INDUSTRIES LTD is an establish player with a pan-India presence. with over 50 products covering all major crops and most India geographies, company have strong logistics presence with over 56 stock points across India enables faster delivery times. so far NACL products sell more than 55000+ retail counters.
NACL INDUSTRIES LTD is a renowned player in the Agrochemical space. Started in 1993 as Chemagro International Limited, NACL started off with the manufacturing of Agrochemical Active Ingredient. Today NACL emerged as a trusted brand in farming community.
Disclaimer:
This article is purely for educational purpose, please before buying or selling ask your financial advisor.
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