Mangalore Chemicals And Fertilisers
MCFL implements Rs 400-crore ammonia energy project at Mangalore plant
Mangalore Chemicals & Fertilizers Ltd (MCFL) on Friday said it has completed an ammonia energy improvement project at a capital cost of over Rs 400 crore. MCFL -- a subsidiary of Zuari Agro Chemicals Ltd, an Adventz Group company -- said in a statement that it has successfully implemented the ammonia energy improvement project at its Mangalore plant and has attained energy efficiency at par with modern plants. "The project was implemented at a capital cost of over Rs 400 crore and is expected to deliver significant improvement to the bottom line," it added. To implement this project, the plant, which produces urea and complex fertilisers, was shut down between June-September 2022. MCFL had converted its urea operation earlier from naphtha to gas based after the receipt of gas in December 2020. As per the extant policies of the government for urea manufacturing companies, there is a mandate to reduce the energy requirement further from December 2025. In the process, MCFL has ...
 "MCFL implements Rs 400-crore ammonia energy project at Mangalore plant")
Fertiliser stks prey to subsidy withdrawal risk, high input costs: Analysts
The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe.
 "Fertiliser stks prey to subsidy withdrawal risk, high input costs: Analysts")
Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani
The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.
 "Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani")
Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore
The company on Tuesday reported a 28.57 per cent decline in its net profit
 "Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore")
MCFL Q4 profit down 38% at Rs 15 crore; revenue up at Rs 603 crore
Mangalore Chemicals and Fertilisers Ltd on Saturday reported a 38 per cent decline in its net profit at Rs 15.11 crore for the quarter ended March
 "MCFL Q4 profit down 38% at Rs 15 crore; revenue up at Rs 603 crore")
Agriculture firms' stocks steady as farmers protest against contested laws
Stocks of agro-chemicals, fertilisers, and edible oils companies are slowing down as farmers continue their weeks-long protests in Delhi
 "Agriculture firms' stocks steady as farmers protest against contested laws")
Mangalore Chemicals posts net profit of Rs 11 crore for June quarter
Mangalore Chemicals and Fertilisers Ltd (MCFL) on Thursday posted a net profit of Rs 11.01 crore for the quarter ended June.
 "Mangalore Chemicals posts net profit of Rs 11 crore for June quarter")
MCF shares up as minority shareholders reject transactions with Zuari Agro
Zuari Group chairman Saroj Poddar clarifies it is insignificant, does not impact company
 "MCF shares up as minority shareholders reject transactions with Zuari Agro")
