Fertilizer stocks declined despite government has projected the fertilizer subsidy for the upcoming fiscal year (FY27) at Rs 1.7 lakh crore.
Deepak Fertilisers and Petrochemicals Corporation is currently trading at Rs. 1012.25, down by 42.80 points or 4.06% from its previous closing of Rs. 1055.05 on the BSE. The scrip opened at Rs. 1054.65 and has touched a high and low of Rs. 1063.35 and Rs. 996.95 respectively.
Kaveri Seed Company is currently trading at Rs. 910.15, down by 26.45 points or 2.82% from its previous closing of Rs. 936.60 on the BSE. The scrip opened at Rs. 951.15 and has touched a high and low of Rs. 987.75 and Rs. 892.15 respectively.
Paradeep Phosphates is currently trading at Rs. 136.70, down by 2.20 points or 1.58% from its previous closing of Rs. 138.90 on the BSE. The scrip opened at Rs. 138.95 and has touched a high and low of Rs. 142.95 and Rs. 133.15 respectively.