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NPK Fertilizers Market Drivers Shaping Future Growth, Revenue USD 3 4 Billion by 2027
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NPK Fertilizers Market Drivers Shaping Future Growth, Revenue USD 3 4 Billion by 2027
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fertiliser stocks: Chinese companies export hesitancy fuels Indian fertiliser stocks
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Economic Times | 30 Jul, 2021 | 01.06PM IST
Stock Market LIVE Updates: Fertiliser stocks rally up to 10%. Tech Mahindra leads IT pack, up 9%. Broader markets outperform. Ashok Leyland jumps 4%. Bank stocks weak
Sensex and Nifty were trading higher on Friday, on track for the third straight monthly gain. Ashok Leyland and TVS Motor led auto stocks higher while Tech Mahindra lifted IT scrips on strong earnings. Top Nifty gainers included Tech Mahindra, Adani Ports, M&M, HCL Tech and Power Grid while laggards included SBI, SBI Life, UPL and Bajaj Finserv. Key companies reporting quarterly results today include Indian Oil Corp, Bandhan Bank, JSW Energy, Bharat Heavy Electricals, Marico and Britannia Industries.
Fertilizer stocks on a roll. Here s why
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Rashtriya Chemicals & Fertilisers gained 10 per cent to Rs 87.95. FACT and Madras Fertilizers advanced 9 per cent to Rs 146.70 and Rs 33.75, respectively.
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New Delhi: Shares of domestic fertilizer producers were on a roll on Friday as China asked some key fertiliser firms to suspend exports to the world.
According to Reuters, some of China s key fertilizer companies said they would temporarily suspend exports to assure supply in the domestic market.
The decision has been taken after the statement on the website of the National Development and Reform Commission (NDRC) on Friday.