Fertilizer stocks are trading optimistic on reports that government may consider urea price hike of 10%. However, there is no clarity on much awaited urea price hike as EGoM reportedly awaits the Cabinet approval for the same.
Fertilisers & Chemicals Travancore is currently trading at Rs 28.50, up by 0.30 points or 1.06% from its previous closing of Rs 28.20 on the BSE. The scrip opened at Rs 28.85 and has touched a high and low of Rs 28.85 and Rs 28.40 respectively. So far 5125 shares were traded on the counter.
Rashtriya Chemicals & Fertilizers is currently trading at Rs 58.60, up by 1.30 points or 2.27% from its previous closing of Rs 57.30 on the BSE. The scrip opened at Rs 58.25 and has touched a high and low of Rs 59.15 and Rs 58.00 respectively. So far 197239 shares were traded on the counter.
Chambal Fertilisers & Chemicals is currently trading at Rs 73.00, up by 1.15 points or 1.60% from its previous closing of Rs 71.85 on the BSE. The scrip opened at Rs 72.40 and has touched a high and low of Rs 73.55 and Rs 72.40 respectively. So far 58330 shares were traded on the counter.
The demand for fertilisers, including urea, muriate of potash and Di-ammonium phosphate (DAP), has been pegged at 21.37 million tonne for the upcoming kharif (winter) season.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 1290.15 |
| National Fertilizers | 105.25 |
| Chambal Fert & Chem | 405.40 |
| RCF | 157.05 |
| Paradeep Phosphates | 68.09 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
