Today’s stock pick to be analyzed is Coromandel International Limited.
Coromandel International Limited is an Indian corporation founded in the early 1960s by IMC and Chevron Companies of the USA and EID Parry. Coromandel is a part of the INR 381 Billion (38,105 Crores) Murugappa Group.
It is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. It markets around 4.5 million tons making it a leader in its addressable markets.