MADRAS FERTILIZER SHARE PRICE TARGET 2023,2024,2025,2026,2027,2028,2029,2030,2040
Hello friends, welcome to our share price target, here in this article we are going to tell you about MADRAS FERTILIZER’s share price target
2023,2024,2025,2026,2027,2028,2029,2030,2040 share price target Along with this, we are also going to give you basic information about the company, if you are a new investor, then this article is going to be very informative for you, as well as it will give
you ease in taking a decision to invest in the company, we hope Let’s hope that you will like this article of ours and if you like this article of ours then please give a rating and share it with your friends then let’s go in detail:-
MADRAS FERTILIZER SHARE PRICE TARGET 2023,2024,2025,2026,2027,2028,2029,2030,2040
Madras Fertilizers Limited is a Public Sector Undertaking owned by the Ministry of Chemicals and Fertilizers, Government of India in India.
Madras Fertilizers Limited (MFL) was incorporated on 8 December 1966 as a joint venture between GOI and AMOCO India incorporation of USA with Government of India 51% of the equity share was
This company is engaged in manufacturing of Ammonia Urea and Complex Fertilizers in Manali, Chennai.
According to the partnership agreement between GOI, AMOCO and National Iranian Oil Company (NIOC) a Government of Iran undertaking, NIOC took over AMOCO’s 50% stake in MFL in 1972
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With this acquisition, the shareholding of AMOCO and NIOC was 24.5% each and the remaining 51% was taken by the Government of India.
Later on, in 1985, the shareholding of AMOCO was bought proportionately by GOI and NIOC. As a result, the shareholding of GOI and NIOC was revised to 67.55% and 32.45% respectively.
Rights shares were issued in 1994 to partially finance the project and thereafter, the holdings of GOI and NIOC were 69.78% and 30.22% respectively. MFL made its initial public offering of shares in May 1997
The present shareholding pattern after the allotment of shares to the public is as follows:
The shareholding pattern is as follows
Government of India 59.50
Naftin Intertrade Co Ltd (affiliated with NIOC) 25.77
MADRAS FERTILIZER SHARE PRICE TARGET 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,2040
We are here at Financesharetargets.in to give you the estimated information about the share price Target for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, and 2040 Please note one thing that this price target is only a suggestion made by our analysis.
The price target which is done by us that will be accurate/correct is almost impossible. Errors are always present in any analysis, but we try our best to give you a good price target.
MADRAS FERTILIZER SHARE PRICE TARGET 2022
When we look at the last 6 months’ stock price of MFL on NSC it shows a growth of around 11.21% in the last 6 months and similar growth we can see on YTD today on NSC which can be estimated
]There may be an increase in the stock price in the last month of the year also, considering that the first target for MFL Share Price Target 2022 may be ₹60 and the second target may be ₹80.
MADRAS FERTILIZER SHARE PRICE TARGET 2023
The company is striving to become the best in the fertilizer and process industry in the production of agrochemicals and other eco-friendly products like biofertilizers/neem insecticides,
which clearly shows that the company can grow in the coming times, which will also increase its share. According to our analysis, Madras Fertilizer’s share price target for 2023 is ₹100 as first target and ₹130 as the second target.
MADRAS FERTILIZER SHARE PRICE TARGET 2024
The company has a market share of 28.01% in Tamil Nadu which is more than one-fourth of the total market share in Tamil Nadu and about 8.2% in the marketing area of MFL in South India.
In time, Madras Fertilizers’ share price target for 2024 is ₹150 as first target and ₹180 as the second target.
MADRAS FERTILIZER SHARE PRICE TARGET 2025
Marketing personnel of Mfl also facilitate the farmers regarding the use of eco-friendly products for soil health, soil fertility, and balanced fertility by contacting the farmers and also organizing farmer seminars that educate the farmers towards it.
Increases confidence, it also helps in increasing the sales of the company’s products. With the expansion of the company, its shares can also increase, due to which there is a possibility of getting good returns, in view of this, according to our analysis, Madras Fertilizer Share Price Target 2025 is the first target. ₹200 the second target can be ₹230.
MADRAS FERTILIZER SHARE PRICE TARGET 2026
Madras Fertilizers Limited also has a team of well-experienced, dedicated, and professionally qualified Marketing Executives who distribute VIJAY products through well-established dealer networks, respective State Cooperative Marketing Federations,
Agro-Industry Corporations along with other resources. which is one of the characteristics of the company, given that according to our attributes, the first target for Madras Fertilizers share price target for 2026 is ₹250 and the second target is ₹280.
MADRAS FERTILIZER SHARE PRICE TARGET 2027
For marketing and distribution, it is most essential to make the product available to the customers at the right time and at the right place, but the consumption of these products is according to the season, in such a situation, proper storage of the product
is necessary and for MFL storage, Central and State Warehousing Corporations And with the use of private warehouses, a network of about 80 field warehouses has also been established. This is the specialty of the company, which plays an important role in improving the sales of the company. Thus, the company is able to improve its
products day by day. The company is striving to expand further in the future, considering which according to our analysis Madras Fertilizers Share Price Target 2027 can be achieved with the first target of ₹300 and the second target of ₹330.
MADRAS FERTILIZER SHARE PRICE TARGET 2028
Talking about the company’s best-selling list of fertilizers, in recent years there has been a sale of 5.47 Lakh MT for both Vijay Neem Coated Urea and Vijay Complex,
this indicates good sales for the company, if in the future also Madras Fertilizers’ share price target for 2028 is ₹ 350, followed by ₹ 380, followed by ₹ 380.
MADRAS FERTILIZER SHARE PRICE TARGET 2029
MFL has also sold about 83 metric tonnes of organic fertilizers and has also done a business of 60.12-kilo liters of eco-friendly neem insecticides, from which we can
understand that the company is selling a very good quantity and thus Madras Fertilizers Share Price Target: By 2029, the first target can be achieved at ₹400 and the second target can be achieved at ₹430.
MADRAS FERTILIZER SHARE PRICE TARGET 2030
Presently the performance of the ammonia and urea plants of the company is quite good, as well as urea plant is being operated at more than 100% load factor and the ammonia plant is also being operated to meet the requirement of the urea plant.
There is a growing step from which we can imagine a good expansion of the company in the future, considering which according to our analysis, the first target for Madras Fertilizers’ share price target in 2030 is ₹450 and the second target is ₹480.
MADRAS FERTILIZER SHARE PRICE TARGET 2040
The way the company is developing its large network and production capacity of more products and is trying to increase its sales in India in different areas, the
prospects of good growth of the company can be estimated in the coming times, seeing which As per our analysis Madras Fertilizer’s share price target is ₹800 with the first target for 2040 and the second target at ₹830.
Conclusion:- In conclusion, we can say that the company is currently moving towards good growth so that we can expect this company to expand in the future, and with this, its share price can also be expected to increase.
Madras Fertilizer Limited produces and sells all its products in the best way so that the expansion of this company can be estimated in the near future, due to which its shares can be expected to increase, in such a situation,
if you are an experienced investor, then you can You can decide yourself whether you should invest in this company or not and if you are an investor, then you must take information related to investment from the company and you can also visit the
company’s website to get its basic information and at the same time you can get your financial information. be sure to consult a consultant.
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