Shares of fertilizer companies are in limelight in noon deals on reports that the Cabinet Committee on Economic Affairs (CCEA) is likely to meet today to approve a new urea investment policy.
“The fertiliser ministry expects the new urea investment policy would attract a fresh investment of about Rs 35,000 crore to increase domestic production by 8 million tones,” PTI report suggests.
Among the individual stocks,Rashtriya Chemicals and Fertilisers and National Fertilsers are up nearly 4% each at Rs 56.80 and Rs 80 respectively, while Deepak Fertilisers, Chambal Fertiliers and GSFC are up 1-2% on the BSE.
