Fertiliser stocks in heavy demand; surge up to 11%

Fertiliser stocks were in huge demand today, surging up to 11 per cent, amid reports that these companies will get weekly subsidies.

Shares of Fertilizers and Chemicals Travancore soared 10.98 per cent, Madras Fertilizers 6.60 per cent, Chambal Fertilisers & Chemicals 6.28 per cent and Nagarjuna Fertilizers and Chemicals 4.80 per cent on BSE.

Among others, Zuari Agro Chemicals gained 2.20 per cent, National Fertilizers 2.08 per cent, Gujarat State Fertilizers & Chemicals 1.58 per cent and Deepak Fertilisers & Petrochemicals Corporation 0.77 per cent.