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MANGALORE FERTILISERS
Fertiliser, Agrochem shares gain on Q1, monsoon boostFertilizer and agrochemical stocks surged, fueled by robust Q1 results from companies like Paradeep Phosphates and Mangalore Chemicals & Fe...- MCFL gives surety of Rs 225 crore on behalf of ZACLThe liability under the surety extinguishes as and when ZACL consumes the imported/purchased goods for the manufacture of fertiliser, it sa...
- Fertiliser stocks surge up to 13% on Cabinet moveFertiliser stocks surged up to 13 per cent today after the government approved continuation of urea production from three plants.
- Panel of ministers to discuss gas supply to urea unitsBesides, the urea policy and nutrient-based subsidy for Phosphatic and Potassic fertilisers will also be on the table, the sources added.
- Zuari group buys 42,424 shares in MCFL via open offerBattle for MCFL between Deepak Fertilisers & Zuari Group was triggered in April 2013 when latter bought about 10% stake in MCFL through ope...
- Battle for MCFL set to escalate; Deepak Fertilisers raises stake to 32%Deepak Fertilisers has acquired about 6% stake from Morgan Stanley and Karnataka State Cooperative Marketing Federation, in open offer clos...
- MCFL pays Rupee one per month salary to its Managing Director Deepak AnandAnand was deputed by UB Group as Managing Director of MCFL in April 2005 and since then he has been paid Rs one per month as token salary.
- Deepak Fertilizer in wait and watch policy on Saroj Poddar's counter bid of MCFThe Adventz and UB group made a combined offer to buy 26 per cent stake in Mangalore Chemicals at Rs 68.55 per share.
- Vijay Mallya, Saroj Poddar join hands for controlling stake at Mangalore Chemicals & FertilisersShares of the company touched a high of Rs 75.45 and a low ofRs 70.05 before closing at Rs 70.55 a piece on the Bombay Stock Exchange on Tu...
- Deepak Fertilisers makes open offer for 26 pc more in MCF; stocks surgeDeepak Fertilisers, which holds 24.46 per cent stake in MCF, has made an offer to buy 3.08 crore shares, or 26 per cent equity, at Rs 61.75...
- Vijay Mallya’s troubles may make it difficult for Mangalore Chemicals to seek loansAlmost all of the 21 operative fertiliser firms in the country are falling short of working capital on account of givt's subsidy-linked str...
- MCFL posts net loss of over Rs 12 crore in June quarterUB group firm Mangalore Chemicals and Fertilisers Ltd (MCFL) today reported a standalone net loss of Rs 12.04 crore for the quarter ended J...
- Zuari Fertilisers' hikes stake in Mangalore Chemicals to 16.43 per centZuari Fertilisers & Chemicals has increased its stake in UB group's Mangalore Chemicals & Fertilisers to 16.43 per cent.
- Mangalore Chemicals shares tank over 9% on stake sale reportsMCFL plunged over 9% after Deepak Fertilisers & Petrochemicals said it has acquired 24.46% take in the company for an undisclosed amount.
- Deepak Fertilisers buys 24.46% stake in Mangalore ChemicalsThe company has bought 2,89,91,150 equity shares in MCFL, which is worth about Rs 160 crore at the current market price.
- Fertiliser companies vexed as govt yet to release subsidy duesThe fertiliser ministry has asked finance ministry to make an interim banking arrangement to support the operations of fertiliser units.
- MCFL promoter releases over 70 lakh pledged sharesMangalore Chemicals and Fertilisers today said that one of its promoters McDowell Holdings has released 70.26 lakh shares, representing 5.9...
- Vijay Mallya can unlock value in Mangalore Fertilisers, liquor companies to raise funds: Pratip ChaudhuriSBI chief said, "Mallya could look at unlocking value from other non core businesses like Mangalore Fertilisers.".
- Mangalore Chemicals & Fertilisers posts Q1 loss of Rs 12.49 croreMangalore Chemicals and Fertilisers (MCF) today posted a loss of Rs 12.49 crore for the quarter ended June 30, 2012.
- Buy Mangalore Chemicals for target of Rs 41-44:Nirmal BangNirmal Bang has advised traders to buy Mangalore Chemicals & Fertilisers for target of Rs 41-44.
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