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Fertilisers stocks surge as government commits to double farmer income in five years

01 Feb 2017 Evaluate

Fertilisers stocks surged after Finance Minister Arun Jaitley committed to double farmer income in five years. Furthermore, he also assured that Government would take steps to make sure farmers get better prices for harvest.

Coromandel International is currently trading at Rs. 325.55, up by 12.55 points or 4.01% from its previous closing of Rs. 313.00 on the BSE. The scrip opened at Rs. 315.20 and has touched a high and low of Rs. 330.00 and Rs. 313.85 respectively. So far 107565 shares were traded on the counter.

Gujarat State Fertilizers & Chemicals (GSFC) is currently trading at Rs. 110.00, up by 1.90 points or 1.76% from its previous closing of Rs. 108.10 on the BSE. The scrip opened at Rs. 109.95 and has touched a high and low of Rs. 112.60 and Rs. 107.20 respectively. So far 385488 shares were traded on the counter.

Gujarat Narmada Valley Fertilizers & Chemicals is currently trading at Rs. 246.40, up by 3.55 points or 1.46% from its previous closing of Rs. 242.85 on the BSE. The scrip opened at Rs. 244.50 and has touched a high and low of Rs. 248.50 and Rs. 242.50 respectively. So far 106526 shares were traded on the counter.

Fertilisers & Chemicals Travancore is currently trading at Rs. 31.40, up by 1.55 points or 5.19% from its previous closing of Rs. 29.85 on the BSE. The scrip opened at Rs. 30.80 and has touched a high and low of Rs. 31.90 and Rs. 29.70 respectively. So far 194624 shares were traded on the counter.

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