Agri-linked cos extend gain on above-normal monsoon forecast

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Shares of fertiliser, irrigation systems and agri machinery manufacturers continued to hog limelight for the 2nd consecutive day, rising up to 7 per cent, on forecast of ‘above-normal’ monsoon this year. From the auto pack, Mahindra & Mahindra jumped 7.40 per cent and VST Tillers Tractors rose 3.14 per cent.

 The stock of Coromandel International soared 5.55 per cent, Kaveri Seed Company 5.23 per cent, Fertilizers and Chemicals Travancore 5.17 per cent and Insecticides (India) 4.54 per cent on BSE. Among others, Rashtriya Chemicals and Fertilizers went up 3.94 per cent, Rallis India 3.83 per cent, National Fertilizers 1.81 per cent, Jain Irrigation Systems 0.79 per cent.        

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