Stocks related to the Fertilizers industry traded lower despite application of Nano DAP will be expanded in all agroclimatic zones. Meanwhile, the money to be spent on fertiliser subsidy is seen declining to Rs 1.64 lakh crore from the revised estimate of Rs 1.89 lakh crore for 2023-24.
National Fertilizers is currently trading at Rs. 121.20, down by 4.82 points or 3.82% from its previous closing of Rs. 126.02 on the BSE. The scrip opened at Rs. 127.20 and has touched a high and low of Rs. 129.50 and Rs. 119.65 respectively.
Rashtriya Chemicals and Fertilizers is currently trading at Rs. 174.35, down by 8.30 points or 4.54% from its previous closing of Rs. 182.65 on the BSE.The scrip opened at Rs. 183.65 and has touched a high and low of Rs. 187.30 and Rs. 173.65 respectively. So far 632269 shares were traded on the counter.
Chambal Fertilisers and Chemicals is currently trading at Rs. 363.00, down by 3.60 points or 0.98% from its previous closing of Rs. 366.60 on the BSE. The scrip opened at Rs. 369.30 and has touched a high and low of Rs. 376.30 and Rs. 361.80 respectively.
