See avg gas price at $10-12/mmbtu post pooling: NFL

Written By Unknown on Kamis, 19 Februari 2015 | 14.02

Neeru Abrol, Chairman & Managing Director, National Fertilizers believes pooling of gas will make business more attractive and the average price could be around USD 10-12 per mmbtu.

The fertiliser space has been buzzing after the oil ministry proposed pooling of gas prices for fertiliser plants to average out the prices of domestic gas as well as imported LNG. It could also make cost of fuel more uniform and affordable.

Neeru Abrol, Chairman & Managing Director,  National Fertilizers believes pooling of gas will make business more attractive and the average price could be around USD 10-12 per mmbtu.

Currently, various urea units are sourcing gas at different prices, she added.

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NFL stock price

On February 19, 2015, at 12:29 hrs National Fertilizers was quoting at Rs 41.50, up Rs 1.70, or 4.27 percent. The 52-week high of the share was Rs 48.00 and the 52-week low was Rs 22.65.


The company's trailing 12-month (TTM) EPS was at Rs 2.39 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 17.36. The latest book value of the company is Rs 30.45 per share. At current value, the price-to-book value of the company is 1.36.


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