 "Fertiliser shares gain; Deepak Fertiliser, RCF, GSFC hit 52-week high")
Shares of fertiliser companies continued their upward movement with Rashtriya Chemicals and Fertilizers (RCF), National Fertilizers, Deepak Fertilisers & Petrochemicals Corporation and Gujarat State Fertilizers & Chemicals (GSFC) hitting their respective 52-week highs on the BSE in intra-day trade.
Most of the fertiliser stocks were trading higher in the range of 1% to 6% as compared to 0.23% rise in the S&P BSE Sensex at 01:19 pm. National Fertilisers, GSFC, Deepak Fertilisers, RCF and Mangalore Chemicals were among few those up more than 20% each in past one-month.
Analysts at Edelweiss Securities said the sector was hit by
Most of the fertiliser stocks were trading higher in the range of 1% to 6% as compared to 0.23% rise in the S&P BSE Sensex at 01:19 pm. National Fertilisers, GSFC, Deepak Fertilisers, RCF and Mangalore Chemicals were among few those up more than 20% each in past one-month.
Analysts at Edelweiss Securities said the sector was hit by
