COROMANDEL.NSE Coromandel International Ltd

Given the volatility, which hit a fresh two-year high at around 24 ahead of the mega event - Lok Sabha election results, the Nifty 50 index is likely to consolidate further with immediate support at 22,800 and then 22,600, whereas 23,000 is expected to be the hurdle on the higher side.

Coromandel International Share Price | Phosphoric acid and sulphuric acid are used as key intermediates for manufacturing phosphatic fertilizers like DAP and NPKs.

Immediate support for Nifty 50 is positioned at 22,000; and a decisive drop below this level could lead the index towards 21,700

Motilal Oswal is bullish on Coromandel International recommended buy rating on the stock with a target price of Rs 1260 in its research report dated January 31, 2024.