Fertilizer stocks faced a sharp decline today, with Deepak Fertilizers & Petrochemicals (NSE: DEEPAKFERT) falling 4.55% to ₹972.60 as of 10:23 AM. The stock opened strong at ₹1,025.90, hitting a high of ₹1,026.40, but later dropped to a low of ₹966.00, following its previous close of ₹1,018.95.
Chambal Fertilizers (NSE: CHAMBLFERT) also saw a significant drop of 4.21%, trading at ₹499.30. It opened at ₹522.45, reaching the same as its high, before touching a low of ₹497.25. The stock had closed at ₹521.25 in the previous session.