Fertiliser, agrochemical stocks rally as monsoon arrives early

Fertiliser, agrochemical stocks rally as monsoon arrives early

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

Paradeep Phosphates: Should you book profit or hold it for long-term?

Paradeep Phosphates: Should you book profit or hold it for long-term?

New Delhi: The latest debutant of Dalal Street, Paradeep Phosphates, gave up opening gains within an hour of post-listing trade. The company which debuted at a 5 per cent premium on Friday, saw strong demand from buyers within minutes of listing, rallying nearly 13 per cent over the IPO price. However, later it was trading … Read more