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Entry Price

72.00

Target

90.00

Recommend Date

28-11-2017

Return

25.0 %
BUY

Date : 28-11-2017

Mangalore Chemicals (MCFL) is Karnataka’s largest manufacturer of chemical fertiliser with capacity of 760 kilo tonnes (KT). Capacity comprises production facilities for major products like urea (379 KT), phosphatic fertilisers (280 KT) with balance capacity for other speciality products. In FY17, MCFL reported strong volume growth of 26.3% YoY in phosphatic fertilisers with revenues at | 2487.5 crore, PAT at | 19.4 crore