July 3, 2017 / 6:27 AM / 5 months ago

BUZZ-Fertiliser makers rise on lower GST rate

** Shares of fertiliser makers rise after GST rate for fertilisers were cut

** GST Council slashes GST rate on fertilisers from 12 pct to 5 pct in a bid to mitigate the impact of the new sales tax on the farm sector

** Nagarjuna Fertilizer and Chemicals Ltd and Madras Fertilizers gain as much as 5.6 pct

** Chambal Fertilisers and Chemicals Ltd rises as much as 4 pct

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