Seven fertiliser stocks were up between 0.98% to 12.2% at
Deepak Fertilizers and Petrochemicals (up 12.2% to Rs 98.90), Chambal Fertilisers & Chemicals (up 6.71% at Rs 81.15), Gujarat State Fertilizers & Chemicals (up 5.08% at Rs 162.50), Nagarjuna Fertilizers & Chemicals (up 5.59% at Rs 40.60), Tata Chemicals (up 4.61% at Rs 312), National Fertilizers (up 4.96% at Rs 57.15), Zuari Industries (up 0.98% at Rs 238) and soared.
The existing fertiliser policy is likely to be renewed with new additions. The price of fertilisers based on phosphorus and potassium will be linked to import price parity, Paswan said.
The new fertiliser policy will be fix base rate for 17 items and will be for long term versus the current practice of yearly changes, reports suggest. Incentives would be offered to fertilizer manufacturers for producing DAP as an end product.
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