The announcement was made after market hours on 17 August 2018.

Meanwhile, the S&P BSE Sensex was up 299.23 points, or 0.79% to 38,247.11.

On the BSE, 1.46 lakh shares were traded in the counter so far compared with average daily volumes of 18,000 shares in the past two weeks. The stock had hit a high of Rs 64 and a low of Rs 57.50 so far during the day. The stock hit a 52-week high of Rs 89.20 on 1 December 2017. The stock hit a 52-week low of Rs 52.05 on 2 July 2018.

Mangalore Chemicals & Fertilizers announced that, Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India, vide its letter dated 14 August 2018, has accorded the Environmental Clearance (EC) to the project for expansion cum modernisation of a fertilizer plant.

Mangalore Chemicals & Fertilizers reported net loss of Rs 3.91 crore in Q1 June 2018 as against net loss of Rs 3.19 crore in Q1 June 2017. Net sales rose 13.86% to Rs 670.64 crore in Q1 June 2018 over Q1 June 2017.

Mangalore Chemicals and Fertilizers (MCF) is the largest manufacturer of chemical fertilizers in the state of Karnataka.

Powered by Capital Market - Live News

Mangalore Chemicals & Fertilizers announced that the Annual General Meeting (AGM) of the company will be held on 6 September 2018.

Powered by Capital Market - Live News

Net Loss of Mangalore Chemicals & Fertilizers reported to Rs 3.91 crore in the quarter ended June 2018 as against net loss of Rs 3.19 crore during the previous quarter ended June 2017. Sales rose 13.86% to Rs 670.64 crore in the quarter ended June 2018 as against Rs 589.00 crore during the previous quarter ended June 2017.

Powered by Capital Market - Live News

Mangalore Chemicals & Fertilizers announced that the Ammonia, Urea and ABC plants have commenced the production on 11 June 2018. The company had shutdown the plants on 25 April 2018 for annual turnaround maintenance.

Powered by Capital Market - Live News