December 18, 2017 / 8:00 AM / 9 months ago

BUZZ-Indian fertiliser stocks rise after govt seeks additional spending

** Shares of Indian fertiliser companies gain in afternoon trade

** India’s finance ministry has sought parliament’s approval for net additional spending of 333.8 billion rupees ($5.21 billion) for 2017/18

** This includes 205.32 billion rupees for the fertiliser sector, a government document showed

** Fertilisers and Chemicals Travancore Ltd rises as much as 6 pct, while National Fertilizers Ltd gains 3.7 pct

** Southern Petrochemical Industries Corp Ltd up 2.3 pct and Rashtriya Chemicals and Fertilizers Ltd rises 2.7 pct

$1 = 64.1000 Indian rupees

0 : 0
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