Fertilizer shares in focus: RCF, GNFC, GSFC, NFL, Chambal surge up to 12%

Shares of RCF, NFL, GSFC, GNFC, Chambal Fertilisers, and Zuari Agro Chemicals were up between 5 per cent and 12 per cent

Shares of fertilizer companies were in focus as they rallied up to 12 per cent in Wednesday’s intra-day trade amid heavy volumes on hopes of healthy demand.

Shares of Rashtriya Chemicals & Fertilizers (RCF), National Fertilizers (NFL), Gujarat State Fertilizers & Chemicals (GSFC), Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Chambal Fertilisers & Chemicals and Zuari Agro Chemicals were up between 5 per cent and 12 per cent. In comparison, the S&P BSE Sensex was up 0.17 per cent at 61,526.

Among individual stocks, shares of RCF hit 12-year high of Rs 116.50 as they rallied 12 per cent