Latest news with #CoromandelInternational
Economic Times
16-07-2025
- Business
- Economic Times
6 companies to go ex-dividend tomorrow. Check details and buy for last chance to qualify
Several companies, including Coromandel International, GHCL, and Graphite India, have set July 17 as the record date for dividend payouts. Shareholders holding stock on this date are eligible for dividends, rewarding their investment. Coromandel offers a final dividend of 600% at Rs. 6 per share, plus a special dividend. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Final Dividend: 600% at Rs. 6 per share Special Dividend: 300% at Rs. 3 per share Final Dividend: 120% at Rs. 12 per share Final Dividend: 550% at Rs. 11 per share Final Dividend: 50% at Rs. 0.5 per share Final Dividend: 85% at Rs. 1.7 per share Thursday, July 17, marks the record date for several prominent companies that have declared dividends for their shareholders . The record date is a key milestone for investors as it determines which shareholders are eligible to receive the declared simple terms, a record date is the cut-off date established by a company to determine which shareholders are entitled to receive dividends, bonus shares , or other rights. Investors who hold shares in the company as of this date will be entitled to receive the dividend payout, which is typically paid out within a few weeks after the record is important to note that even if an investor buys the stock after the record date, they will not receive the dividend; the dividend will be credited to the shareholder who held the stock as of the record the companies that have set Thursday, July 17, as the record date are:Dividends are a way for companies to distribute a portion of their earnings to shareholders. This distribution typically comes in the form of cash or additional shares, known as stock are often paid out by companies that have stable earnings and are seeking to reward their investors for their continued support. The dividend payout serves as an incentive for investors to hold on to their shares, as it provides a steady stream of income in addition to any potential capital dividend percentages mentioned reflect the value shareholders will receive relative to the nominal value or face value of the shares. For instance, a dividend of 600% means that for every share, a shareholder will receive Rs. 6, which is 600% of the nominal face value of the dividend announcements are part of the companies' efforts to reward their investors for holding on to their shares. Investors are advised to keep track of the record dates, as they are essential for ensuring eligibility for the dividend payouts.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
16-07-2025
- Business
- Business Standard
Ex-date alert! These 6 stocks go ex-dividend on July 17; are you eligible?
Dividend Stocks today, July 16, 2025: D-Street investors will keep their eyes on Coromandel International, Duncan Engineering, GHCL, Graphite India, Oriental Hotels, and PDS today following their announcement of dividend rewards for their shareholders. BSE data suggest that these shares will trade ex-dividend date tomorrow, July 17. The ex-date is the day when a stock starts trading without entitlement to corporate benefits such as dividends or bonus shares. To qualify for these benefits, investors must hold the stock before the ex-date. The record date finalises the list of shareholders eligible for the corporate action. Therefore, investors need to own these stocks today to receive the dividend rewards. Among them, Coromandel International has announced a special dividend of ₹3 per share as well as a final dividend of ₹6 per share for FY25. The company has set the record date on July 17, 2025 for ascertaining the shareholders' eligibility for the said corporate action. Company Ex-date Purpose Record date Coromandel International July 17, 2025 Special Dividend - ₹3 July 17, 2025 Coromandel International July 17, 2025 Final Dividend - ₹6 July 17, 2025 Duncan Engineering July 17, 2025 Final Dividend - ₹3 July 17, 2025 GHCL July 17, 2025 Final Dividend - ₹12 July 17, 2025 Graphite India July 17, 2025 Dividend - ₹11 July 17, 2025 Oriental Hotels July 17, 2025 Final Dividend - ₹0.50 July 17, 2025 PDS July 17, 2025 Final Dividend - ₹1.70 July 17, 2025 (Source: BSE/ Further, GHCL has decided to pay a final dividend of ₹12 per share to its eligible shareholders with the record date also fixed for July 17. Additionally, Graphite India has declared a dividend of ₹11 per share for its shareholders. Duncan Engineering will pay a final dividend of ₹2 per share for FY25, Oriental Hotels has announced a final dividend of ₹0.50 per share, and PDS will pay a final dividend of ₹1.70 per share to its eligible shareholders. All these four companies have set July 17 as the record date for their respective dividend announcements.
Time of India
03-07-2025
- Business
- Time of India
Coromandel International shares gain 4% after CCI approves NACL acquisition
Coromandel International 's share price rose 4% to Rs 2,369.40 on Thursday, July 3, 2025, after the company announced a major regulatory approval. The rally lifted Coromandel's market capitalisation to Rs 69,200 crore. In a regulatory filing, the company stated that the Competition Commission of India (CCI) has approved its proposed acquisition of a majority stake in NACL Industries Limited . The deal involves the purchase of approximately 10.69 crore equity shares, representing 53.13% of NACL's paid-up capital, from KLR Products Ltd, Mrs. K. Lakshmi Raju, and Bright Town Investment Advisor Pvt Ltd, under a Share Purchase Agreement (SPA). As part of the overall transaction, Coromandel will also acquire an additional 11,000 equity shares — 5,500 each from public shareholders Krishi Rasayan Exports Pvt Ltd and Agro Life Science Corporation — through separate agreements signed in March 2025. Stock Performance and Technical Overview Over the past 52 weeks, Coromandel shares have traded between a low of Rs 1,499.70 and a high of Rs 2,548.00, reflecting a strong uptrend and investor interest. On the valuation front, the stock is trading at a price-to-earnings (P/E) ratio of 32.41 and a price-to-book (P/B) ratio of 5.97, suggesting a relatively premium valuation compared to sector averages. From a technical standpoint, the Relative Strength Index (RSI-14) is currently at 45.8, indicating that the stock is neither overbought nor oversold. Moreover, Coromandel is trading above all eight key Simple Moving Averages (SMAs) — from the 5-day to the 200-day — highlighting continued bullish momentum in the stock.
Business Upturn
03-07-2025
- Business
- Business Upturn
Coromandel International shares jump 4% as CCI clears Rs 820 crore deal to acquire majority stake in NACL Industries
By Aman Shukla Published on July 3, 2025, 09:21 IST Coromandel International shares surged nearly 4% in morning trade after receiving a green signal from the Competition Commission of India (CCI) for its planned acquisition of a controlling stake in NACL Industries Ltd. The Murugappa Group-backed company will acquire a 53.13% stake in the agrochemical firm for ₹820 crore. As of 9:20 AM, the shares were trading 3.39% higher at Rs 2,350.00. As part of the approved deal, Coromandel will buy over 10.68 crore equity shares of NACL from existing promoters, including KLR Products Ltd, K. Lakshmi Raju, and Bright Town Investment Advisor Pvt Ltd. The company will also purchase a small number of shares—5,500 each—from two public shareholders, Krishi Rasayan Exports Pvt Ltd and Agro Life Science Corporation. This move marks a significant strategic push by Coromandel into the crop protection segment, complementing its core fertiliser business. With the CCI's nod secured, the company now plans to initiate an open offer to acquire up to an additional 26% stake from NACL's public shareholders, in line with SEBI's takeover norms. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
03-07-2025
- Business
- Business Standard
Coromandel International share price is buzzing in trade today; here's why
Coromandel International share price: Coromandel International share rose up to 4.59 per cent to hit an intraday high of ₹2,376.35 per share on Thursday, July 3, 2025. At 10:15 AM, Coromandel International share price continued to trade higher, up 1.68 per cent at ₹2,310.05. In comparison, BSE Sensex was trading 0.38 per cent higher at 83,730.58 levels. What triggered the up move in Coromandel International share price? Coromandel International's share price rose after the Competition Commission of India (CCI) approved its proposal to acquire a majority stake in NACL Industries. The acquisition plan, announced in March, involves Coromandel purchasing a 53 per cent stake in the agro-chemical company for ₹820 crore. The company also intends to launch an open offer for an additional 26 per cent stake, in line with Sebi's takeover regulations. NACL Industries, a listed firm engaged in crop protection and agrochemicals, is expected to boost Coromandel International's product portfolio, enable faster product commercialisation, and expand its presence in contract manufacturing. Coromandel International Q4 results Coromandel International reported a 73 per cent year-on-year (Y-o-Y) jump in consolidated pre-tax profit for the fourth quarter, driven by robust demand. For the quarter ended March 31, the fertiliser major posted a pre-tax profit of ₹384 crore, up from ₹222 crore in the same period last year. Revenue from operations jumped 27.5 per cent to ₹4,988 crore, supported by a 28.2 per cent rise in revenue from its core fertiliser and nutrients segment. Track Stock Market LIVE Updates About Coromandel International Coromandel International is one of India's leading agri-solutions providers, with a strong presence in the fertiliser and crop protection sectors. It is the second-largest manufacturer and marketer of phosphatic fertilisers in the country and a key player in organic fertilisers and bio-pesticides. As part of the ₹77,800 crore Murugappa Group, Coromandel offers a comprehensive portfolio that spans fertilisers, crop protection products, specialty nutrients, and sustainable agri-solutions. The company also operates one of the largest rural retail networks in India, with over 900 outlets across four southern states, providing farmers with agri-inputs and expert advisory services. With a growing global footprint, Coromandel International is leveraging technology to drive innovation in agriculture, focusing on precision farming, automation, and environmentally responsible practices, earning recognition from bodies like the UNDP and TERI for its sustainability efforts. The market capitalisation of Coromandel International is ₹68,066.29 crore, according to BSE. The company falls under the BSE 200 category.
