Fertilizer shares descends
Wednesday, August 12, 2009 3:40 pmBy ShareGyan.com NewsDesk
Nagarjuna Fertilizers & Chemicals, Zuari Industries, Rashtriya Chemicals and Fertilizers, Chambal Fertilizers & Chemicals, Gujarat State Fertilizers Company, National Fertilizers and Deepak Fertilizers and Petrochemicals Corporation fell.
Reportedly, the India Meteorological Department stated on Monday, monsoon in the June to September period will be 87% of the long-period standard, in comparison to 93% prediction in June.
Previously, IMD had mentioned that the swelling shortage in rainfall during 1st June and 5th August current year quarter broadened to 25% from 19% a week ago.
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