Agri-related stocks in focus; UPL, RCF, Escorts rally up to 17%

Shares of agri-related companies rallied up to 17 per cent on the BSE on Wednesday after the government, in its detailed guidelines, allowed activities like agricultural, horticultural, farming, procurement of agri products and 'mandis' after April 20.

The agrochemicals and fertilsers companies like UPL, Rashtriya Chemicals & Fertilizers (RCF), Deepak Fertilisers & Petrochemicals Corporation, Chambal Fertilisers & Chemicals and tractor manufacturer Escorts were up between 10 per cent and 17 per cent on the BSE.

Godrej Agrovet, Rallis India, Gujarat State Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers & Chemicals, Coromandel International and Dhanuka Agritech were up in