Shares of fertiliser and agrochemical companies were among the top gainers on the BSE on Monday, after monsoons progressed earlier than expected in various parts of the country. Analysts said investors are hoping that the good rainfall could benefit the agriculture sector, which in turn would boost demand for their products. Fertilisers & Chemicals Travancore … Read more
New Delhi: The finance ministry is reviewing its disinvestment schedule following the recent stock market selloff amid high volatility triggered by global factors, said people aware of the details. The ministry is likely to adopt a “prudent selloff” approach now, one official told ET, adding there won’t be “divestment for the sake of divestment anymore” … Read more
The centre has allowed the import of urea through India Potash Limited for another year until March 2024, the Directorate General of Foreign Trade said in a notification. Earlier, it was supposed to be allowed till March 2023. Besides India Potash Limited, the import of fertilizer is already allowed through Rashtriya Chemicals and Fertilizers, and … Read more
Many stocks in the smallcap segment ended 2022 on a sweet note, with as much as 264 of them giving double-digit weekly returns. As much as 27 smallcap stocks rose 20-41% in the week gone by. These include names like (Tax breaks, jobs or plan to beat China: What will Budget 2023 offer? Click to … Read more
Mumbai: Fertiliser companies were among the top gainers on the bourses Wednesday as continued optimism about the sector’s prospects helped the companies extend their winning run. Speculation that the government might increase subsidy for urea in the upcoming Budget has fuelled investor interest in these stocks of late. On Wednesday, National Fertilizers, and Ferilizers, and … Read more
The government is looking to complete at least three public sector disinvestment transactions before rolling out the mega initial public offer (IPO) of Life Insurance Corporation of India early next year, a finance ministry official said. At least three firms – National Fertilisers Ltd, Mishra Dhatu Nigam Ltd and Rashtriya Chemical & Fertilizers Ltd – … Read more