24 Mar 2026 | 3 Mins Read
Accumulate Paradeep Phosphates, target Rs 120
Flipitmoney
Prabhudas Lilladher initiates coverage on Paradeep Phosphates with an 'Accumulate' rating and TP of INR120. The company is expanding phosphoric and sulfuric acid capacity by 57% and 100%, respectively, shifting its portfolio towards high-value complex fertilizers, and merging with MCFL to strengthen its South India presence.