Shares of companies engaged in the fertilizer business rallied after Union Finance Minister Nirmala Sitharaman announced that a urea supply plant with an annual capacity of 12.7 lakh metric tons had been set up in Assam.
Aries Agro (up 2.34%), Nagarjuna Fertilizers (up 4.17%), Madras Fertilizers (up 4.33%), Coromandel International (up 1.01%), National Fertilizers (up 3.21%), Chambal Fertilisers & Chemicals (up 0.75%), Rashtriya Chemical Fertilizers (up 1.41%), and Zuari Agro Chemicals (up 1.57%) edged higher.
Finance Minister Nirmala Sitharaman is presenting her eighth consecutive Union Budget in the Lok Sabha today.
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