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Fertiliser stocks rallied on the stock exchanges as the Finance Minister listed out measures for agriculture sector in his Budget speech in Parliament.
Rs.1,87,223 cr allocn for rual, agri which is a record, says @arunjaitley#BLBudget
— Raghuvir Srinivasan (@srirags) February 1, 2017
Deepak Fertilisers gained over 6.80 per cent on the BSE soon after the announcement by the Union Finance Minister, Arun Jaitley.
State-run Gujarat State Fertilizers and Chemicals Ltd (GSFC) gained close to 4 per cent, joined by Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), which gained over 2 per cent.
National Fertilizers & Chemicals, Chambal Fertilizers, Fertilisers & Chemicals were amont the top gainers with gains of 4 per cent, 3 per cent and 6.2 per cent, respectively.
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