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    HomeNewsBusinessMarketsCommittee report expectations not priced in fert stocks yet

    Committee report expectations not priced in fert stocks yet

    Udayan Mukherjee says that people have little faith about reports and the chances of their implementation. So the expectations from the reports this time are not fully priced into fertillizer stock prices as yet.

    January 06, 2011 / 11:53 IST

    The Group of Ministers (GoM), which met on Wednesday, decided to refer the issue of deregulation of urea pricing to a Committee of Secretaries. The panel will examine the proposal and submit its report to the GoM, which will then hopefully take a final call.

    CNBC-TV18's Managing Editor Udayan Mukherjee says that given the recent experience of the GoM meetings, the move to form a Committee of Secretaries for a report will not go down very well with investors.
    first published: Jan 6, 2011 11:34 am

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