President of India & LIC-Backed Fertilizer Stock Rallies Over 10 per cent and Hits 52-Week High Today with Significant Volume!

The company’s shares have delivered an impressive return of over 120 per cent in just 1 year only.

National Fertilizers Limited is involved in the production and marketing of neem-coated urea, bio-fertilizers (solid and liquid), and other related industrial products. The company also trades imported and domestic fertilizers, compost, seeds, and other agricultural products.

At the start of today's trading session, the stock opened at Rs 144.40 per share, compared to the previous day's closing figure of Rs 145.25 per share on the BSE. Currently, the shares are trading at Rs 159.10 per share on the BSE. The stock has reached a 52-week high today, reflecting strong demand in the market with substantial volumes. The company's current market capitalization stands at Rs 7805.10 crore, and this penny stock has generated an impressive multibagger return of over 120 per cent in the past 1 year.

As per the Quarterly Results, in the fourth quarter of FY24, National Fertilizers Limited recorded a revenue of Rs 5284 crore. The operating profit for Q4 FY24 stood at Rs 382 crore. The net profit for Q4 FY24 was Rs 208 crore. Looking at the annual performance, the company generated a revenue of Rs 23560 crore in FY24, compared to Rs 29617 crore in FY23. The operating profit for FY24 was Rs 618 crore, with a net profit of Rs 150 crore.

Regarding the shareholding pattern of National Fertilizers Limited, the promoters own 74.71 per cent of the company and the public or retail investors hold 17.39 per cent. FIIs and DIIs owns a 0.41 per cent & 7.47 per cent stake in the company. President of India and LIC owns a 74.71 per cent and 5.58 per cent stake in the company.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.