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NFCL up 4.92% on KG basin gas order

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BS Reporter Mumbai
Last Updated : Jan 25 2013 | 2:50 AM IST

Nagarjuna Fertilizers & Chemicals (NFCL) shares increased 4.92 per cent to close the day at Rs 17.05 on the news that fertiliser stocks like NFCL would stand to gain from the Bombay High Court order, allowing Reliance Industries to sell gas from the Krishna-Godavari basin at $4.20 per million British thermal unit.

The stock made an intra-day high of Rs 17.75 and a low of Rs 16.1. The stock witnessed trading volumes of 53.8 lakh shares, about three times higher vis-à-vis its two-week average. The scrip made a 52-week high of Rs 59.6 (February 29, 2008) and a low of Rs 12.75.

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First Published: Feb 03 2009 | 12:34 AM IST

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