National Fertilisers

National Fertilisers to build Rs 208 crore fertiliser plant, shuts nano urea unit

NFL operates five gas-based ammonia-urea manufacturing units across three states – Punjab, Haryana and Madhya Pradesh

Union Budget 2023: Fertiliser stocks fall on lower subsidy allocation

Fertiliser stocks had run up over the past few days in anticipation of an import duty cut in the Budget on some key raw materials

NFL's Q4 profit down 24% at Rs 68 cr

Total income, however, rose to Rs 2,126.23 crore in the fourth quarter of this fiscal compared to Rs 1,870.58 crore in the corresponding period of the previous year.

National Fertilisers share sale gets oversubscribed by institutional buyers

Through the two-day offer for Sale (OFS), the government is selling 7.35 crore shares or 15 per cent stake at a floor price of Rs 72.80 a share.

Buy National Fertilizers; target of Rs 111: Investment Imperative

Investment Imperative is bullish on National Fertilizers has recommended buy rating on the stock with a target price of Rs 111 in its research report dated May 02, 2017.

Niti Aayog working on second list of PSU divestment

It had submitted two separate lists of sick and loss-making PSUs - one comprising those that can be closed down and the other of those where government can divest its stake.

NITI Aayog submits roadmap for PSU reforms to PMO

"NITI Aayog has has submitted two separate lists of state-run companies, one comprising of sick PSUs which may be closed down and the other a list of firms which should be privatised," a source said.

Roadmap for disinvestment will be implemented: Shaktikanta Das

The government has set a disinvestment target of Rs 56,500 crore for the current fiscal. Of this, Rs 30,000 crore will come from minority stake sale and the remaining Rs 26,500 crore from strategic stake sale. It has already raised Rs 2,700 crore through 11.36 percent stake sale in NHPC.

RCF to buy 11% stake in JV to revive Sindri plant

Besides Rashtriya Chemicals and Fertiliers (RCF), the National Fertilisers Ltd (NFL) has also announced to acquire 11 percent stake in the proposed joint venture firm for the same amount.

RCF, NFL up 6-7% on plan for pool gas price for fertiliser

The cost of gas, which is the most important component for production of urea, varies from plant to plant owing to differential rates at which imported LNG is contracted as well as cost of transportation.

National Fert OFS subscribed 1.55 times; govt gets Rs 101cr

The government today raised Rs 101 crore from the sale of 3.74 crore shares in National Fertilisers Ltd (NFL) after the issue was lapped up in a weak market.

NFL stock tanks 5%; issue subscribed 24% in early trade

Shares of National Fertilisers Ltd (NFL) fell over five percent in the morning trade. This happened after the government began its divestment on the bourses. Within an hour of the issue being launched, it was subscribed 24 percent of the total 3.74 crore shares on offer.

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See National Fertilisers' OFS floor price at Rs 30: Tulsian

SP Tuslian of sptulsian.com says that he won't be surprised to see the floor price of National Fertilisers getting fixed at about Rs 30.

Stocks in news: HCC, Jet Airways, National Fertiliser, IDFC

HMT, NFL, FACT look interesting in fertilisers: Tulsian

SP Tulsian of sptulsian.com feels that there is not much erosion in the value than the current price of HMT, National Fertilisers (NFL) and Fertilizers & Chemicals Travancore (FACT). He believes that government is intending to mobilise anywhere between Rs 50 crore to Rs 350 crore from these three companies.