Indian agricultural chemicals firm Coromandel International reported a nearly 35% fall in fourth-quarter profit on Thursday, hurt by subdued demand in its mainstay fertilizer and.
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Uniindia: Mumbai, Nov 21 (UNI) Aarti Industries Ltd (AIL) and Deepak Fertilisers and Petrochemicals Corp Ltd (DFPCL) on Monday said they have signed a binding term sheet for a 20-year period for offtake and supply of nitric acid.
Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 70.2 points or 1.5% at 4735.91 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Tata Steel Ltd (up 4.43%), Kalyani Steels Ltd (up 4.37%),Tata Steel BSL Ltd (up 4.2%),MOIL Ltd (up 3.95%),Tata Steel Long Products Ltd (up 3.81%), were the top gainers. Among the other gainers were Galaxy Surfactants Ltd (up 3.56%), Prakash Industries Ltd (up 3.23%), JSW Steel Ltd (up 3.18%), Hindalco Industries Ltd (up 3.09%), and Sunflag Iron & Steel Company Ltd (up 2.92%). On the other hand, Bodal Chemicals Ltd (down 2.85%), Deepak Fertilizers & Petrochemicals Corp Ltd (down 1.6%), and DCW Ltd (down 1.6%) moved lower.