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Coromandel International to Invest Rs 2,000 Crores in Andhra Pradesh

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Coromandel International to Invest Rs 2,000 Crores in Andhra Pradesh

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Coromandel International Limited ( (IN:COROMANDEL) ) just unveiled an update.

Coromandel International Limited has signed a non-binding Memorandum of Understanding with the Andhra Pradesh Economic Development Board to invest up to Rs 2,000 Crores in initiatives supporting industrial development in Andhra Pradesh. This agreement aligns with Coromandel’s business objectives and aims to execute projects efficiently under the state’s regulatory framework, potentially enhancing the company’s operational footprint and contributing to regional economic growth.

More about Coromandel International Limited

Coromandel International Limited operates in the agricultural sector, primarily focusing on the production and distribution of fertilizers, crop protection products, and specialty nutrients. The company is a key player in the Indian market, serving the agricultural community with a range of solutions aimed at enhancing farm productivity and sustainability.

Average Trading Volume: 13,313

Technical Sentiment Signal: Buy

Current Market Cap: 644.8B INR

See more data about COROMANDEL stock on TipRanks’ Stock Analysis page.

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