NFL records total Fertilizer Sale of 49.71 Lakh MT in April - December, 2022

National Fertilizers Limited (NFL) has clocked a growth of 27% in total Fertilizer Sale during April- December 2022 as compared to CPLY.

The Company reported total fertilizer sale of 49.71 Lakh MT compared to CPLY of 39.25 Lakh MT which is best ever in its history. The Company has performed exceedingly well not only in sale of its core product. Urea but also increased volumes of DAP and Complex Fertilizers in the market. The recently introduced products like PDM (Potash derived from Molasses). Micronutrients and Water Soluble Fertilizers has also received good response from the farmers.

Other than the fertilizers , the Agrochemical business of the Company registered a growth of 146% during this period as compared to CPLY. Company has also performed well in production & sales of Industrial Products.

Shares of National Fertilizers Limited was last trading in BSE at Rs. 73.10 as compared to the previous close of Rs. 74.95. The total number of shares traded during the day was 556972 in over 2574 trades.

The stock hit an intraday high of Rs. 75.55 and intraday low of 71.65. The net turnover during the day was Rs. 40761455.00.

Source : Equity Bulls

Keywords

NationalFertilizers INE870D01012 NFL Sales Volume Q3FY23 9MFY23