COROMANDELNSECoromandel International Limited· Fertilizers & AgrochemicalsHighNeutral
Announced Mon, 22 Sept, 2025 · 12:19 IST

Board approves Visakhapatnam TMAP plant and updates senior management

COROMANDEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.5%Reaction day
₹2281.90
prior close
₹2258.60
announcement price
In-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.6%+0.0% vs market
Fertilizers peers, median of 19sector-1.4%+0.9% vs sector

On the reaction day the stock moved in line with Nifty Midcap 150 and 0.9 pts more than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved setting up a Technical Mono Ammonium Phosphate plant at Visakhapatnam. It also designated General Counsel Anirban Deb Ray as senior management personnel from September 22, 2025, due to organizational changes. He remains a full-time employee.

Likely market impact

The plant plan may support future capacity and growth, while the management designation reflects an internal organizational change.