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Fertilizer stocks trade higher on the bourses

24 Nov 2011 Evaluate

Fertilizer stocks are trading in jubilant mood as suppliers agreed to cut Diammonium Phosphate (DAP) and Nitrogen, Phosphorus, Potassium (NPK) price for Indian fertilizer companies.

Rashtriya Chemicals & Fertilizers is currently trading at Rs 56.90, up by 1.85 points or 3.36% from its previous closing of Rs 55.05 on the BSE. The scrip opened at Rs 55.00 and has touched a high and low of Rs 58.35 and Rs 54.25 respectively. So far 211,459 shares were traded on the counter.

National Fertilizers is currently trading at Rs 55.85, up by 1.70 points or 3.14% from its previous closing of Rs 54.15 on the BSE. The scrip opened at Rs 54.35 and has touched a high and low of Rs 57.00 and Rs 53.25 respectively. So far 26,752 shares were traded on the counter.

Fertilizers & Chemicals Travancore is currently trading at Rs 24.00, up by 1.05 points or 4.58% from its previous closing of Rs 22.95 on the BSE. The scrip opened at Rs 22.90 and has touched a high and low of Rs 24.10 and Rs. 22.70 respectively. So far 12,612 shares were traded on the counter.

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