Wednesday 13 May 2015

Fertilizers stocks in focus

RCF, National Fertilizers, FACT and Madras Fert are some of the prominent gainers. 

RCF, Rashtriya Chemicals & Fertilizers
Shares of fertilizer companies are trading on a firm note on media reports that the government has approved new urea policy for the next four years.

The policy is aimed at timely supply and rationalization of subsidy, the report further added.

Rashtriya Chemicals & Fertilizers (RCF) has zoomed 5.9 per cent at Rs. 61.35. National Fertilizers has soared 5.5 per cent at Rs. 29.60.

Fertilizers & Chemicals Travancore (FACT) has rallied 3.8 per cent at Rs. 27.50. Madras Fertilizers has jumped 3.4 per cent at Rs. 15.25.

Chambal Fertilisers & Chemicals has surged to a high at Rs. 66.30 and is now up 2.7 percent at Rs. 64.50. Gujarat State Fertilizers & Chemicals (GSFC) has added 2 per cent at Rs. 76.

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has jumped to a high at Rs. 70.70 and is now trading on a flat note at Rs. 68.55

Meanwhile, the Sensex has jumped 275 points at 27,153 

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