India's National Fertilizers rises after new plant plans

National Fertilizers

21/04/2025 08:23

** Shares of state-run National Fertilizers NAFT.NS rise as much as 4.2% to 88.97 rupees

** NAFT says to form a JV for a new ammonia-urea complex namrup-iv fertilizer plant

** Stock on track for a fifth consecutive session of gain

** Share price above 50-day exponential moving average

** More than 4.5 mln shares change hands, 2.1x of 30-day avg

** Stock last up 3.4%, cutting YTD loss to 23.8%

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))