Support and Resistance Levels
Past performance
About Southern Petrochemicals Industries Corporation Ltd Southern Petrochemical Industries Corporation Ltd (SPIC) is a prominent Indian fertilizer manufacturer established in 1969, headquartered in Chennai. The company is primarily engaged in manufacturing and selling nitrogenous and phosphatic fertilizers, with operations expanding into pharmaceuticals, engineering, construction services, and agri-business. SPIC boasts seven manufacturing units in Tamil Nadu and an array of subsidiaries, including SPIC Petrochemicals Ltd and Indo-Jordan Chemicals Company Ltd.
The company's fertilizer division focuses on producing fertilizers and intermediates, while its pharmaceuticals wing manufactures penicillin-G and other formulations. The engineering division provides turnkey project solutions, and the agri-business division offers tissue culture plants and bio-fertilizers. Over the years, SPIC has expanded through collaborations and projects, such as a $160 million fertilizer complex in Dubai and a solar project in 2022. With strategic alliances and a diversified portfolio, SPIC plays a significant role in India's agricultural and industrial sectors.