Fertiliser shares in focus; Chambal Fertilizer, Coromandel hit 52-week high

Nagarjuna Fertilisers, RCF, FACT and Chambal Fertilisers were up 9% to 12% in two days

Shares of fertiliser companies were in focus with four stocks Coromandel International, Chambal Fertilisers & Chemicals, National Fertilizers and Aries Agro hitting their respective 52-week highs on the BSE.

Nagarjuna Fertilisers, Rashtriya Chemicals and Fertilizers (RCF), Aries Agro, Magalore Chemicals & Fertilisers, Fertilizers and Chemicals Travancore (FACT) and Chambal Fertilisers & Chemicals were up between 9% and 12% on the BSE in past two trading sessions as compared to less than 1% gain in S&P BSE Sensex.

The 25 fertilisers companies posted 95% year on year growth in their aggregate net profit at Rs 889 crore for the