Adani Enterp. 2433.95↓-11.10(-0.45%)
Adani Ports 738.80↑2.20(0.30%)
Apollo Hospitals 4950.20↓-17.10(-0.34%)
Asian Paints 3199.75↓-37.50(-1.16%)
Axis Bank 950.85↑24.75(2.67%)
B P C L 356.80↓-3.25(-0.90%)
Bajaj Auto 4710.05↑40.95(0.88%)
Bajaj Finance 7043.20↑19.30(0.27%)
Bajaj Finserv 1458.90↑1.65(0.11%)
Bharti Airtel 834.50↓-2.00(-0.24%)
Britannia Inds. 4682.60↑28.45(0.61%)
Cipla 974.80↑8.95(0.93%)
Coal India 229.70↓-1.20(-0.52%)
Divi's Lab. 3462.30↓-49.30(-1.40%)
Dr Reddy's Labs 4603.55↓-6.90(-0.15%)
Eicher Motors 3673.25↓-26.15(-0.71%)
Grasim Inds 1734.50↑23.95(1.40%)
H D F C 2644.80↓-1.10(-0.04%)
HCL Technologies 1138.30↑1.25(0.11%)
HDFC Bank 1604.40↓-2.10(-0.13%)
HDFC Life Insur. 574.15↓-2.25(-0.39%)
Hero Motocorp 2870.60↓-22.05(-0.76%)
Hind. Unilever 2695.80↓-20.90(-0.77%)
Hindalco Inds. 419.70↓-1.05(-0.25%)
ICICI Bank 946.75↑8.60(0.92%)
IndusInd Bank 1301.80↑13.60(1.06%)
Infosys 1304.50↑5.50(0.42%)
ITC 440.65↓-2.75(-0.62%)
JSW Steel 712.15↑5.55(0.79%)
Kotak Mah. Bank 1924.90↓-13.85(-0.71%)
Larsen & Toubro 2268.30↑33.75(1.51%)
M & M 1395.40↑54.00(4.03%)
Maruti Suzuki 9582.10↑96.75(1.02%)
Nestle India 21834.15↓-212.30(-0.96%)
NTPC 174.10↓-0.45(-0.26%)
O N G C 155.40↑0.70(0.45%)
Power Grid Corpn 235.60↑1.00(0.43%)
Reliance Industr 2477.25↑22.05(0.90%)
SBI Life Insuran 1215.40↑12.90(1.07%)
St Bk of India 587.20↓0.00(0.00%)
Sun Pharma.Inds. 1008.75↑9.15(0.92%)
Tata Consumer 792.45↓-3.60(-0.45%)
Tata Motors 546.25↑10.35(1.93%)
Tata Steel 109.40↑1.40(1.30%)
TCS 3288.90↓-16.70(-0.51%)
Tech Mahindra 1109.35↓-13.75(-1.22%)
Titan Company 2855.70↓-5.95(-0.21%)
UltraTech Cem. 7882.00↑31.35(0.40%)
UPL 690.00↑6.65(0.97%)
Wipro 404.20↓-0.75(-0.19%)

Subsidy Booster: GNFC, Chambal, GSFC eye up to 11% gain amid bullish bias

Major stocks in fertlizer sector continue to trade with bullish bias, as their chart structures denote feasible upside.

Avdhut Bagkar Mumbai

Web Exclusive Premium

Fertilizer stocks stay bullish on charts

3 min read Last Updated : May 18 2023 | 11:41 AM IST

Listen to This Article

Shares of fertilizer stocks will be in limelight following the cabinet approval of Rs 1.08 lakhs crore subsidy for the ongoing monsoon season. Also, the prices of urea for farmers will remain steady during the same period.

On Thursday, shares of Zuari Agro Chemicals and Chambal Fertilizers & Chemicals soared 1.50 per cent and 1 per cent, respectivel. Gujarat Narmada Valley Fertilizers and Chemicals, and Rashtriya Chemicals & Fertilizers were seen trading up 0.50 per cent.

Here’s the technical outlook for fertilizer stocks amid the approval of subsidy:-