ADVERTISEMENT
How The Fertiliser Sector Defied The Slowdown Amid Covid-19 Lockdown
Shares of fertiliser makers rose last month on a jump in retail sales amid the lockdown.
11 May 2020, 01:24 PM IST
Fertiliser stocks rose in April as retail sales spiked amid a coronavirus lockdown that stalled all but essential economic activity in India.Shares of Coromandel International Ltd., Deepak Fertilisers & Petrochemicals Corporation Ltd. and Rashtriya Chemicals & Fertilisers Ltd., among others, rose between 11 and 45 percent in April, according to Bloomberg data.That compares with a 19 percent gain in the Nifty 500 Index during the peri...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT