Stock Sectors: Stock Update: Fertilizer Stocks Fall as Market Rise

NEW DELHI: Shares of fertilizer companies were falling at 10:44 am on Tuesday

Coromandel International Ltd. (up 1.25%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (up 0.80%), Madhya Bharat Agro Products Ltd. (up 0.58%), Krishana Phoschem Ltd. ( up 0.54%), Aries Agro Ltd. (up 0.44%), Paradeep Phosphates Ltd. (up 0.22%), Chambal Fertilizers & Chemicals Ltd. (up 0.14%) and Mangalore Chemicals & Fertilizers Ltd. (up 0.14%).

Sikko Industries Ltd. (down 3.72%), Rashtriya Chemicals & Fertilizers Ltd. (down 3.03%), Madras Fertilizers Ltd. (down 2.30%), Zuari Agro Chemicals Ltd. (down 2 .21%), National Fertilizers Ltd. (down 1.58%), The Fertilizers and Chemicals Travancore Ltd. (down 1.17%), Deepak Fertilizers & Petrochemicals Corporation Ltd. (down 1.13% ), Nagarjuna Fertilizers and Chemicals Ltd. (down 0.99%), Gujarat State Fertilizer & Chemicals Ltd. (down Most Lost 0.81%) and Southern Petrochemicals Industries Corporation Ltd. (down 0.81%).

The NSE Nifty50 index was up 50.85 points at 22,983.3, while the 30-share BSE Sensex was up 127.26 points at 75,517.76 at around 10:44 am.

Divi’s Laboratories Ltd. (up 2.83%), Hindalco Industries Ltd. (up 2.0%), HDFC Life Insurance Company Ltd. (up 1.79%), Dr. Reddy’s Laboratories Ltd. (up 1.52%), SBI Life Insurance Company Ltd. (up 1.27%), Grasim Industries Ltd. (up 0.97%), UltraTech Cement Ltd. (up 0, 96%), Tata Steel Ltd. (up 0.8%), Wipro Ltd. (up 0.75%) and Hindustan Unilever Ltd. (up 0.71%) were among those who gained the most in Nifty set. Meanwhile, Adani Ports & Special Economic Zone Ltd. (down 0.65%), Power Grid Corporation of India Ltd. (down 0.6%), Tech Mahindra Ltd. (down 0.6%), Coal India Ltd. (down 0.47%) ), Bajaj Auto Ltd. (down 0.47%), Sun Pharmaceutical Industries Ltd. (down 0.43%), Apollo Hospitals Enterprise Ltd. (down 0.39 %), Axis Bank Ltd. (down 0.38%), NTPC Ltd. (down 0.34%) and Tata Consumer Products Ltd. (down 0.29%) were trading in the red.