Coromandel International will hold a meeting of the Board of Directors of the Company on 1 February 2021.

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EID Parry (India) Ltd, Grasim Industries Ltd, Kajaria Ceramics Ltd, Punjab National Bank are among the other stocks to see a surge in volumes on BSE today, 30 December 2020.

Coromandel International Ltd witnessed volume of 77.58 lakh shares by 10:47 IST on BSE, a 267.64 times surge over two-week average daily volume of 28986 shares. The stock dropped 5.51% to Rs.804.65. Volumes stood at 1.06 lakh shares in the last session.

EID Parry (India) Ltd witnessed volume of 1.16 lakh shares by 10:47 IST on BSE, a 5.2 times surge over two-week average daily volume of 22406 shares. The stock increased 5.35% to Rs.351.50. Volumes stood at 24185 shares in the last session.

Grasim Industries Ltd notched up volume of 2.12 lakh shares by 10:47 IST on BSE, a 4.35 fold spurt over two-week average daily volume of 48651 shares. The stock slipped 0.21% to Rs.907.85. Volumes stood at 40911 shares in the last session.

Kajaria Ceramics Ltd witnessed volume of 1.59 lakh shares by 10:47 IST on BSE, a 3.31 times surge over two-week average daily volume of 48141 shares. The stock increased 0.01% to Rs.690.00. Volumes stood at 18594 shares in the last session.

Punjab National Bank notched up volume of 258.25 lakh shares by 10:47 IST on BSE, a 3.05 fold spurt over two-week average daily volume of 84.70 lakh shares. The stock slipped 1.66% to Rs.32.65. Volumes stood at 122.54 lakh shares in the last session.

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On the BSE, the counter clocked a volume of 72.44 lakh shares as against its two-week average trading volume of 27,000 shares. The stock lost 5.82% to hit a low of Rs 802 on BSE in initial trade today.

On the NSE, the counter clocked a volume of 42.83 lakh shares compared with its average trading volume of 4.66 lakh shares in the past one quarter.

The media reported that 2.26% equity (66.91 lakh shares) worth Rs 544 crore change hands on BSE and NSE in Coromandel International counter with EID Parry being the seller. As of 30 September 2020, E.I.D. Parry India held 58.42% stake in Coromandel International.

Coromandel International operates in business of fertilizers, specialty nutrients, crop protection and retail. The company is India's second largest phosphatic fertilizer player.

On a consolidated basis, the company's net profit surged 16.9% to Rs 588.93 crore on a 5.1% decline in net sales to Rs 4611.27 crore in Q2 September 2020 over Q2 September 2019.

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Coromandel International has allotted 35,000equity shares of Re.1/- each fully paid up to the option grantees today under the ESOP Scheme 2016 on 11 December 2020.

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