Paradeep Phosphates' stock up by over 11% today

Mumbai, Tuesday, July 29 (IST) – Shares of Paradeep Phosphates Ltd (NSE: PARADEEP) gained nearly 15% in early trade today. The rally followed a sharp turnaround in Q1FY26 performance, with net profit rising almost 4000% YoY to ₹256 crore, lifting investor sentiment.

The margin expansion was driven by lower input costs, controlled operating expenses, and better working capital management, the company said. A sharp drop in trade payables and improved inventory efficiency also supported earnings quality. Deferred tax benefits further aided bottom-line growth, the company added.

At 12:10 p.m. the stock price was up by 11.16% at Rs 221.41.

Stock Movement

As of 10:32 IST on July 29, 2025, Paradeep Phosphates was trading at ₹227.89, up 14.41% from the previous close of ₹199.18. The stock touched a new 52-week high of ₹234.39, with a VWAP of ₹220.99 and traded volume crossing 422 lakh shares, reflecting strong market interest.

Rally Triggered by Q1FY26 Results

Paradeep Phosphates posted a 3,948% YoY jump in standalone net profit to ₹256.36 crore for the quarter ended June 30, 2025. Operating revenue rose 58% YoY to ₹3,754 crore, underpinned by higher trading volumes and cost efficiencies in raw materials and inventory management.

Outlook

With strong Q1 momentum and technical breakout to a new yearly high, the stock is expected to remain in focus throughout the session. Traders are watching closely to see if it sustains above ₹220 as broader market cues unfold.

About The Company

Paradeep Phosphates Ltd is one of India’s largest private phosphatic fertilizer producers, with a 3 MTPA capacity across Odisha and Goa. It offers DAP, NPKs, and urea, and operates a pan-India network. The company is a constituent of the NIFTY Total Market Index.

REF: https://nsearchives.nseindia.com/corporate/PPLTD_28072025174454_FinalPPLResults.pdf

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