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Agri-related stks in focus; Deepak Fertilisers, Advanced Enzyme up over 5%

Rallis India, Coromandel International and RCF were up in the range of 2 per cent to 4 per cent.

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Finance Minister Nirmala Sitharaman today announced a new set of stimulus measures including Rs 65,000-crore fertiliser subsidy to farmers.

SI Reporter Mumbai
Shares of agri-related companies including fertilisers and agrochemicals traded higher by up to 8 per cent on the BSE on Thursday in an otherwise weak market after Finance Minister Nirmala Sitharaman announced a new set of stimulus measures including Rs 65,000-crore fertiliser subsidy to farmers. The move will benefit 14 million farmers, the Finance Minister said.

Deepak Fertilisers & Petrochemicals Corporation and Advanced Enzyme Technologies traded higher by 8 per cent and 6 per cent, respectively in intra-day trade on the BSE.

Rallis India, Coromandel International, and Rashtriya Chemicals & Fertilizers (RCF) were up in the range of 2 per cent to