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Madras Fertilizers standalone net profit rises 211 05% in the December 2020 quarter

Madras Fertilizers standalone net profit rises 211 05% in the December 2020 quarter
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Tamil naduParticularsquarter endeddecMadras fertilizersVar salesCapital marketதமிழ் நாடுமெட்ராஸ் உரங்கள்வார் விற்பனைமூலதனம் சந்தை

Agri-related stks in focus; FACT, Madras Fertilizers hit 20% upper circuit

Shares of agri-related companies, including agrochemicals and fertilisers, were in focus as demand for the procurement of fertilizers has been promising due to surplus reservoirs levels, record-high Kharif crop sowing and plentiful rainfall during the monsoon season. Among individual stocks, Fertilizers & Chemicals Travancore (FACT) and Madras Fertilizers were locked at 20 per cent upper circuit limits at Rs 76.05 and Rs 25.65, respectively. These stocks are also quoting at their 52-week high levels. That apart, Southern Petrochemicals, Zuari Global, Deepak Fertilisers & Petrochemicals Corporation and Rashtriya Chemicals & Fertilisers (RCF) from the fertilizers sector rallied up to 12 per cent on the BSE. PI Industries, UPL and Rallies India from the agrochemicals sector jumped between 4 per cent and 6 per cent on the BSE. In comparison, the S&P BSE Sensex was up 1 per cent at 48,575 at 01:14 pm.

Tamil naduDeepak fertilisers petrochemicals corporationPi industriesChemicals travancoreMadras fertilizersSouthern petrochemicalsZuari globalDeepak fertilisersPetrochemicals corporationRashtriya chemicalsRallies indiaAgri stocksFertiliser stocksRallis india share priceDeepak fertilizersMadras fertilisers share price

Market Wrap, Jan 8: Here s all that happened in the markets today

Earnings optimism and positive global cues fuelled a broad-based rally in the markets with benchmark indices settling over a per cent higher on Friday. IT stocks led from the front and contributed nearly half of Sensex s 600-point gains today. Reliance Industries, Maruti Suzuki, HDFC Bank, and L&T provided the remaining fillip to the BSE barometer. The S&P BSE Sensex notched 689 points, or 1.43 per cent, to end at fresh closing peak of 48,782.5. The index hit a new lifetime high of 48,854.34 levels. The Sensex index gained 2 per cent during the week and clocked the longest stretch of weekly gains since 2009.

Tamil naduMaruti suzukiTata consultancy servicesReliance industriesMadras fertilisersZuari globalDeepak fertilisersSouth koreaMarket wrapதமிழ் நாடுமாருதி ஸஸூகீடாடா ஆலோசனை சேவைகள்நம்பகத்தன்மை தொழில்கள்மெட்ராஸ் உரங்கள்ஜூறி உலகளாவியதீபக் உரங்கள்

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

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