Introduction:
Chemical stock reported a 25.2% increase in total income for Q3 FY24, driven by a significant rise in revenue from operations. Despite higher operating expenses, net profit soared by 108.5%, reflecting improved operational efficiency and strong revenue growth.
Share Price movement of Shree Pushkar Chemicals & Fertilisers:
On February 12, 2025, Shree Pushkar Chemicals & Fertilisers Ltd opened at ₹279.20, reaching a high of ₹299.55 up 2.28% from its previous close of ₹278.65 and a low of ₹279.20. Currently, it is trading at ₹285.00, with a market cap of ₹925.34 crore.
Shree Pushkar Chemicals & Fertilisers share price rise:
For the quarter ending 31st December 2024, Shree Pushkar Chemicals & Fertilisers Limited reported a 25.2% increase in total income, rising from ₹17,464 crore in Dec 2023 to ₹21,706 crore in Dec 2024. This was driven by a significant 23.7% growth in revenue from operations.
Operating expenses for the quarter rose by 20.2%, reaching ₹20,077 crore in Dec 2024 compared to ₹16,678 crore in the previous year. Major cost drivers included the rise in employee benefit expenses and cost of materials consumed, which grew by 28.9% and 20.3%, respectively.
Despite the increase in operating expenses, the company saw a remarkable 108.5% increase in net profit, rising from ₹763 crore in Dec 2023 to ₹1,592 crore in Dec 2024. This increase in profitability was largely due to improved operational efficiency and higher revenue, despite higher expenses.
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Stock performance of Shree Pushkar Chemicals & Fertilisers for Period of 1 week, 6 months and 1 year:
Over the past week, Shree Pushkar Chemicals & Fertilisers saw a decline of 7.09%. However, the stock has gained 16.9% over the last six months and delivered a solid 51.6% return over the past year, showcasing its strong long-term performance despite short-term fluctuations.
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Shareholding pattern of Shree Pushkar Chemicals & Fertilisers:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 69.36 | 69.36 | 68.6 |
| FII | 0.41 | 1.62 | 1.59 |
| DII | 0 | 0 | 0.01 |
| Retail & others | 30.23 | 29.03 | 29.8 |
About Shree Pushkar Chemicals & Fertilisers:
Shree Pushkar Chemicals & Fertilisers is a leading player in the chemical and fertiliser industry, specializing in manufacturing a wide range of products. The company focuses on sustainable growth, operational efficiency, and delivering high-quality solutions to meet diverse industrial and agricultural needs.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
