Madras Fertilizers Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
42.39% Gain from 52W Low
20.5
TTM PE Ratio
High in industry
291.5
Price to Book Ratio
Negative Price to Book
-8.5
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-3
RSI
RSI is mid-range
63.2
MFI
MFI strongly Overbought
80.3

Madras Fertilizers Ltd shareholding Pattern

Promoter
85.3%
Foreign Institutions
0.1%
Public
14.6%
Promoter
85.3%
Public
14.7%
Promoter
85.3%
Public
14.7%
Promoter
85.3%
Public
14.7%
Promoter
85.3%
Public
14.7%
Promoter
85.3%
Foreign Institutions
0.2%
Domestic Institutions
25.8%
Public
14.5%

Madras Fertilizers Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
99.40
10Day EMA
97.00
12Day EMA
96.30
20Day EMA
94.50
26Day EMA
93.60
50Day EMA
92.50
100Day EMA
92.50
200Day EMA
89.30
5Day SMA
100.60
10Day SMA
95.20
20Day SMA
93.70
30Day SMA
91.30
50Day SMA
91.20
100Day SMA
94.50
150Day SMA
95.60
200Day SMA
91.10
Delivery & Volume
Resistance & Support
101.55
Pivot
Resistance
First Resistance
102.95
Second Resistance
105.30
Third Resistance
106.70
Support
First Support
99.20
Second support
97.80
Third Support
95.45
Relative Strength Index
63.20
Money Flow Index
80.26
MACD
2.68
MACD Signal
1.58
Average True Range
4.73
Average Directional Index
16.94
Rate of Change (21)
15.97
Rate of Change (125)
-9.86
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Mangalore Chemicals & Fertilizers Ltd.
1404.7
93.8
156.1
Southern Petrochemicals Industries Corporation Ltd.
1623.21
62
107.5
Zuari Agro Chemicals Ltd.
804.36
135.3
258
Nagarjuna Fertilizers and Chemicals Ltd.
781.67
7.9
15.85
Madhya Bharat Agro Products Ltd.
2010.07
210
348.35
Krishana Phoschem Ltd.
1741.19
201.78
288.9

Madras Fertilizers Ltd Company background

Founded in: 1966
Managing director: U Saravanan
Madras Fertilizers Ltd (MFL) was incorporated in December 1966 as Public Sector undertaking, promoted by Government of India (GOI) and AMOCO India Inc. (Amoco a Wholly owned subsidiary of Standard Oil Company of USA) holding 51% 49% of Shares Respectively. MFL commenced commercial production in November 1971. In 1972 National Iranian Oil Company (NIOC) was inducted as shareholder acquiring 50% of AMOCO shareholding in MFL. In 1985 AMOCO has disinvested their MFL shares to GOI, NIOC Public. Now GOI has holding 59.50%, NIOC has holding 25.77% and Public has holding 14.73%.MFL is manufacturing Ammonia, Urea, Complex Fertilizers and Biofertilizers and trading Agrochemicals. MFL has its Plant Facilities Head Quarters located on a sprawling 350 acres at Manali, about 20 km north of Chennai City. MFL having enhanced capacity to produce 346500 MT of Ammonia, 486750 MT of Urea, 840000 of NPK and 400 MT of Bio Fertilizers. MFL consists of production plants, Ammonia, Urea in single streams and NPK in three streams, viz. NPK A Train, B Train and C Train. Utilities Plant is the service plant supplying treated water, cooling water, offsite steam, instrument air, captive power and emergency power.MFL was one of the First Modern Fertilizer Plant Producing granulated Complex fertilizers in South India. In 1991, the old Chemico Converter of Ammonia Plant was replaced with the latest S 200 Radial Converter. In 1996 MFL was Accredited with ISO 9002, the first among the Public Sector Fertilizer Units. MFL implemented major Modernisation and Substantial Expansion of its plants. Due to delayed delivery of materials from Indian Overseas Vendors. The project was deffered and it was completed in August 1997.The company entered in to capital Market through Public issue, The company issued 2,86,30,000 Equity Shares of Rs.10 each at a premium of Rs.5 per share. The company was putting up a Pilot Tissue culture Laboratory for producing 3 Million Plantlets. Subsequently the company dropped the Tissue Culture project and concentrated on its Core Business.In 2002, The Urea Prill Tower Modification by Monsanto EnviroChem Systems Inc., (MECSI) was taken up during the Scheduled in June 2001, but mechanical system was made ready on July 2001. MFL was Accredited with ISO 14001 certificiation for Environment Management System (EMS) by Indian Register Quality Systems (IRQS). The company has installing a Fluidized Bed Prill Cooling System, downstream of Prill Tower in order to achieve a Prill Temperature of 5560 Deg Centigrade. The System was commissioned in August 2003. In 2004, The New Urea Pricing Policy implemented by GOI from April 2003 onwards, replacing the existing method of retention Pricing Scheme. Due to the impact of New Pricing scheme, MFL had to face pains of irrational Price Concession scheme in respect of Complex Fertilizers. The company faced major setback and MFLs networth was eroded. MFL became a sick Company. BRPSE (Board for reconstruction of Public Sector Enterprises) reviewed the performance and had discussions with the company. BRPSE submitted their recommendations to GOI.During the year 201415, GOI dated Apr 02, 2014 directed to close down the Naphtha based Ammonia, Urea Plants from Jul 01, 2014. However, the units were permitted to run up to September 30, 2014. Subsequently, GOI on Jan 07, 2015 permitted to run Naphtha based AmmoniaUrea Plants for 100 days and hence in MFL AmmoniaUrea Plants, after shutdown for 3 months during Oct to Dec 2014, production was resumed during Jan 2015 and Urea Plant was run upto Apr 16, 2015.Process License and Basic Engineering from M/s Haldor Topsoe, Denmark for Ammonia Plant and from M/s Urea Technologies Inc., U.S.A for Urea Plant was adopted with modern Distributed Control System (DCS). The enhanced production capacities are 1050 MTPD for Ammonia (346500 MTPA) and 1475 MTPD for Urea (486750 MTPD). With respect to NPK, Pipereactor with Process License Basic Engineering from M/s Grande Parroise, France was incorporated in NPK B Train. By this and along with higher onstream efficiency, the installed capacity was raised to 2550 MTPD (840000 MTPD).
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Madras Fertilizers Ltd FAQs

Madras Fertilizers Ltd shares are currently priced at 100.6 on NSE and 100.64 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Madras Fertilizers Ltd [MADRASFERT] share was 32.1. The Madras Fertilizers Ltd [MADRASFERT] share hit a 1-year low of Rs. 70.65 and a 1-year high of Rs. 124.35.

The market cap of Madras Fertilizers Ltd is Rs. 1620.67 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Madras Fertilizers Ltd is 32.89 as of 6/13/2024 12:00:00 AM.

The PB ratios of Madras Fertilizers Ltd is -8.49 as of 6/13/2024 12:00:00 AM

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