City
Epaper

Fertilisers & Chemicals Travancore trades in upper circuit on Friday afternoon

By ANI | Published: December 30, 2022 5:01 PM

Fertilisers and Chemicals Travancore (FACT) was trading in the upper circuit at 1.17 pm on Friday on the BSE ...

Open in App

Fertilisers and Chemicals Travancore (FACT) was trading in the upper circuit at 1.17 pm on Friday on the BSE stock exchange.

The shares of the company were trading at Rs 373.35 apiece on Friday afternoon. The shares jumped more than 46.64 per cent in a span of five days, went up 155.81 per cent in a span of 30 days on BSE while the firm's shares had risen 287.97 per cent in six months.

The upper circuit is the highest possible price that the stock can trade at on that designated day.

The Fertilisers and Chemicals Travancore or FACT is a PSU under the ownership of the Ministry of Chemicals and Fertilizers. It is headquartered in Kochi, Kerala, and was incorporated in 1943. It is the first fertiliser manufacturing company in independent India and also the largest central public sector undertaking (CPSU) in Kerala.

According to the exchanges, the company had extended gains for the fifth trading session.

According to the company's announcement, consolidated net profit surged 296.7 per cent to Rs 144.60 crore in the second quarter of fiscal 2023 (Q2FY23), against Rs 36.45 crore in Q2FY22. Net sales jumped 147.6 per cent year on year to Rs 1,935 crore in Q2 FY23.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ministry of Chemicals and FertilizersindiaPSUKochiIndiUk-indiaRepublic of indiaTony chammanyIndia indiaGia indiaIndia eu
Open in App

Related Stories

EntertainmentNishad Yusuf Passes Away at 43: Malayalam Film Editor Found Dead At Kochi Home

HealthJoey Florez Addresses Global Mental Health Crisis: From India To Brazil

NationalIndia’s 2025 Census to Begin: Major Changes Expected in Lok Sabha Constituencies

MaharashtraAAP Chief Arvind Kejriwal to Campaign for INDIA Bloc Parties in Maharashtra Assembly Elections

HockeyIND vs GER: India Men's Hockey Team Loses 0-2 Against Germany in First Match of Bilateral Series

Business Realted Stories

BusinessCzech antitrust agency denies Westinghouse, EDF complaints over KHNP's nuclear deal

BusinessNow filter chats with customised lists on WhatsApp

BusinessTN fireworks manufacturers sell Rs 6,000 crore worth of fireworks for Diwali

BusinessUS-India Strategic Partnership Forum celebrates Diwali in Washington DC

BusinessBPL Group Chairman T.P.G. Nambiar passes away, top leaders express condolences