In a regulatory filing, the company says the Indian Competition Commission (CCI) Approved the proposed taking it to a general stake of Nacl industries are limited.
Agreement involves buying approximately 10.69 parts of equity equity, representing 53.13% of the NaCl production Ltd., under Ampressport Proudds Pvt Ltd, under an agreement with city shopping,
As part of the total transaction, Coromandel will also obtain an additional 11,000 parts of equity – 5,500 each from the public Sciency Corporation – by various agreements of March 2025.
Stock Performance and Technical View
Over the past 52 weeks, Coromandel parts sold between a low Rs 1,499.70 and a long Rs 2,548.00, which reflects interest in the uptrend and insect.
Forward valuations, stock is trading at a price-in-income (P / E) ratio of 32.41 and a prize prize compared to the average sector.
From a technical view, the relative index of force (RSI-14) is currently at 45.8, indicating that the stock is not overwhelming. In addition, CoroMandel sells more than all eight key plus action on average (SMA) – from 5-day to 200-day – which promotes powerful energy force.
