Fertiliser shares surge on urea manufacturing push

Last Updated: Fri, Dec 14, 2012 04:36 hrs
To match Special Report INDIA-FOOD

Fertiliser shares rallied on Friday after the government approved a new policy to encourage investment in urea manufacturing, in a move seen expediting $6.5 billion in projects that have been held back.

National Fertilizers was up 5.3 percent at 9:21 a.m., Rashtriya Chemicals and Fertilizers gained 5.2 percent, while Chambal Fertilisers and Chemicals gained 2.9 percent.

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