India's Coromandel International hits record high on commissioning of plant

Sumitomo Chemical India

10/06/2024 10:51

** Shares of Coromandel International  CORF.NS  up 3.3% at a
record high of 1,438.2 rupees 
    ** Agro-chemical co says it commissioned a nano fertilizer
plant in its existing Kakinada complex with capacity of 2
million metric tonnes 
    ** Trading volume over 730,000 shares, 1.6x the 30-day avg
    ** Analysts' rating on stock is "buy", in-line peers UPL
 UPLL.NS  and Sumitomo Chemical  SUMH.NS  - LSEG data 
    ** Including session's gains, stock up ~15% YTD vs ~12% rise
in the Nifty 500 index  .NIFTY500  



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))