Govt approves rates for NBS fertilisers; stocks react

Government has approved fixing nutrient-based subsidy rates for fertilisers, reports CNBC-TV18, quoting agencies.

Rashtriya Chemicals and Fertilisers touched an intraday high of Rs 69.75 and an intraday low of Rs 67.05. At 11:12 hrs the share was quoting at Rs 69.40, up Rs 3.15, or 4.75%. It was trading with volumes of 482,642 shares. Fertilisers and Chemicals Travancore (FACT) touched an intraday high of Rs 36.70 and an intraday low of Rs 34.60. At 11:12 hrs the share was quoting at Rs 36.30, up Rs 1.55, or 4.46%. It was trading with volumes of 16,855 shares. National Fertilizers touched an intraday high of Rs 96.25 and an intraday low of Rs 90.90. At 11:12 hrs the share was quoting at Rs 95.45, up Rs 5.35, or 5.94%. It was trading with volumes of 157,481 shares. Coromandel International touched an intraday high of Rs 279.35 and an intraday low of Rs 273.15. At 11:11 hrs the share was quoting at Rs 277.80, up Rs 1.15, or 0.42%. It was trading with volumes of 11,229 shares.