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Fertiliser shares jump; RCF, National Fertilizers zoom up to 68% in a week

Shares of fertiliser companies extended their winning streak at the bourses amid a broad-based rally in the markets on Monday. Most of the stocks from the sector were outperforming today even as they have surged up to 68 per cent on the BSE over the past one week. Sentiment turned optimistic in the sector after rating agency ICRA reaffirmed credit ratings of the Rashtriya Chemicals and Fertilizers (RCF’s) instruments and revised outlook to positive from stable . The stock of RCF hit a fresh 52-week high of Rs 90.45, jumping 19 per cent on the BSE in the intra-day trade on Monday. In the past one week, the stock has zoomed 61 per cent, as compared to a 0.52 per cent rise in the S&P BSE Sensex.

Global Renewable Methanol Market 2021-2028 - Shifting Trend Towards Sustainable Energy Sources

DUBLIN (BUSINESS WIRE) Mar 1, 2021 The "Global Renewable Methanol Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.Global market for renewable methanol, predicts that the industry is likely to witness a CAGR of 3.16% by revenue and 2.08% by volume over the forecasting duration of 2021-2028.There has been a growing inclination towards the adoption of sustainable energy sources, which is one of the major growth-inducing factors for this market. Plus, the rigid governmental rules & regulations and the availability of renewable methanol are contributing to this growth. However, factors like the high costs required for the installation of these sources are hindering this growth process.

This PSU stock surged 67% in a week; did you miss the rally

This PSU stock surged 67% in a week; did you miss the rally National Fertilizers shares have rallied 67 per cent in the past one week from Rs 38.1 on February 23 to Rs 63.70 as of today Chitranjan Kumar | March 1, 2021 | Updated 17:43 IST National Fertilizers shares zoomed 19.96% to close at Rs 63.70 on BSE National Fertilizers share price hit 20 per cent upper circuit on Bombay Stock Exchange on Monday on the back of strong volume. The stock of the state-owned company has surged 67 per cent in the past one week from Rs 38.1 on February 23 to Rs 63.70 as of today. National Fertilizers shares have rallied 183 per cent in one year and 56 per cent over one month.  

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