Fertiliser shares in focus; Chambal Fertilisers, Aries Agro hit 52-week high
RCF, Madras Fertilisers, FACT, Deepak Fertilisers,Chambal Fertilisers and National Fertilisers were up 3%-11% on BSE
 "Fertiliser shares in focus; Chambal Fertilisers, Aries Agro hit 52-week high")
Fertiliser shares were in focus and trading higher by up to 11% on the bourses on heavy volumes.
Chambal Fertilisers & Chemicals, Rashtriya Chemicals and Fertilizers (RCF), Madras Fertilisers, National Fertilisers, Fertilizers and Chemicals Travancore (FACT) and Deepak Fertilisers and Chemicals were up between 3% and 11% on the BSE. At 10:59 am; the S&P BSE Sensex was up 1.3% or 351 points at 26,587.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday decided to keep the subsidy on phosphatic and potassic (P&K) fertiliser unchanged for the second half of this financial year, according to Business Standard reports. CLICK HERE TO READ FULL REPORT.
Among the individual stocks, Aries Agro (up 8% at Rs 170) and Chambal Fertilisers & Chemicals (5% at Rs 73.55) have hit their respective 52-week highs on the BSE in intra-day trade.
Chambal Fertilisers & Chemicals, Rashtriya Chemicals and Fertilizers (RCF), Madras Fertilisers, National Fertilisers, Fertilizers and Chemicals Travancore (FACT) and Deepak Fertilisers and Chemicals were up between 3% and 11% on the BSE. At 10:59 am; the S&P BSE Sensex was up 1.3% or 351 points at 26,587.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday decided to keep the subsidy on phosphatic and potassic (P&K) fertiliser unchanged for the second half of this financial year, according to Business Standard reports. CLICK HERE TO READ FULL REPORT.
Among the individual stocks, Aries Agro (up 8% at Rs 170) and Chambal Fertilisers & Chemicals (5% at Rs 73.55) have hit their respective 52-week highs on the BSE in intra-day trade.
| COMPANY | LATEST | PREV CLOSE | GAIN(%) |
| MADRAS FERT. | 15.20 | 13.68 | 11.11 |
| NATL.FERTILIZER | 36.90 | 34.40 | 7.27 |
| ARIES AGRO | 167.40 | 156.90 | 6.69 |
| F A C T | 24.95 | 23.40 | 6.62 |
| SHIVA GLOBAL | 38.00 | 36.25 | 4.83 |
| NAGARJUNA FERT. | 10.65 | 10.16 | 4.82 |
| R C F | 51.15 | 49.15 | 4.07 |
| MANGALORE CHEM. | 47.50 | 46.05 | 3.15 |
| S P I C | 20.95 | 20.35 | 2.95 |
| DEEPAK FERT. | 193.40 | 188.10 | 2.82 |
| DHARAMSI MORARJI | 92.50 | 90.05 | 2.72 |
| CHAMBAL FERT. | 71.90 | 70.00 | 2.71 |
| G S F C | 91.50 | 89.15 | 2.64 |
| ZUARI AGRO CHEM. | 221.25 | 215.85 | 2.50 |
| RAMA PHOSPHATES | 62.70 | 61.25 | 2.37 |
| G N F C | 211.80 | 207.20 | 2.22 |
| ZUARI GLOBAL | 96.00 | 94.25 | 1.86 |
| COROMANDEL INTER | 263.05 | 258.60 | 1.72 |