Archive · 3 Dec 2025
Nuvama Sees 35% Upside in Coromandel International
Nuvama, a brokerage firm, thinks that Coromandel International, a company that sells fertilizers and crop protection products, has a lot of room to grow.
They believe the company's stock could go up by 35.2%.
Coromandel plans to sell a lot more fertilizers and double its crop protection business in the next five years.
They are also working on making their own raw materials and introducing new products.
Even though they might face some challenges in the short term, Nuvama thinks that Coromandel will do well in the long run and make more money as their plans succeed.
Nuvama Institutional Equities sees a 35.2% upside in Coromandel International stock, maintaining a 'Buy' rating.
Coromandel plans to double its crop protection business to Rs 10,000 crore in five years.
The company aims to increase phosphatic granulation capacity to 5 million tons and target 10 million tons of fertiliser sales.
New products already contribute 28% to crop protection sales, with plans to expand retail outlets.
Near-term profitability may face pressure due to higher costs and subsidy adjustments, but long-term growth is expected.
- Who
- Coromandel International, Nuvama Institutional Equities
- What
- Nuvama sees 35.2% upside in Coromandel International stock
- When
- Not specified
- Where
- Not specified
- Why
- Due to Coromandel's expansion plans and growth strategies
- Company
- Coromandel International
- Brokerage
- Nuvama Institutional Equities
- Upside Potential
- 35.2%
- Current Rating
- Buy
- Target Fertiliser Sales
- 10 million tons
- Crop Protection Target
- Rs 10,000 crore in 5 years
- Phosphatic Granulation Capacity
- 5 million tons
- New Products Contribution
- 28% to crop protection sales