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. | 2055.45 |
| National Fertilizers | 76.91 |
| RCF | 130.75 |
| Chambal Fert & Chem | 451.35 |
| Paradeep Phosphates | 132.10 |
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