Indian fertilizer stocks gain after govt extends urea subsidy
15/03/2018 04:37
** Fertilizer stocks rise after the government on Wednesday
decided to continue with the urea subsidy scheme till 2020
** Direct Benefit Transfer would also be implemented for
disbursement of fertilizer subsidy to reduce diversion http://bit.ly/2FE0SYM
** National Fertilizers Ltd NAFT.NS jumps 6 pct, Rashtriya
Chemicals and Fertilizers Ltd RSTC.NS gains 5.3 pct while
Madras Fertilizers Ltd MDFT.NS rises 4.8 pct
** Fertilisers and Chemicals Travancore Ltd FCTL.NS rises
4.4 pct while Chambal Fertilisers and Chemicals Ltd CHMB.NS
gains 2 pct
((Reuters Messaging:
tanvi.mehta.thomsonreuters.com@reuters.net))
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