Shares of Fertilizers companies have benefited on the proposal to formulate new urea policy. Urea is widely used in fertilizers as a convenient source of nitrogen. Urea is also an important raw material for the chemical industry.
Chambal Fertilisers & Chemicals is currently trading at Rs. 57.75, up by 1.15 points or 2.03% from its previous closing of Rs. 56.60 on the BSE. The scrip opened at Rs. 57.80 and has touched a high and low of Rs. 57.90 and Rs. 56.30 respectively. So far 89474 shares were traded on the counter.
National Fertilizers is currently trading at Rs. 41.60, up by 0.40 points or 0.97% from its previous closing of Rs. 41.20 on the BSE. The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 42.00 and Rs. 40.50 respectively. So far 106190 shares were traded on the counter.
