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Paradeep, Punjab Chem at 52-week high; what's driving agri stocks today?

Paradeep, Punjab Chem at 52-week high; what's driving agri stocks today?

Shares of agriculture-related companies were in demand on Tuesday on hopes that a normal monsoon could drive healthy demand for agro-chemicals.
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Agriculture stocks share price today
Shares of agriculture-related companies like Paradeep Phosphates, Mangalore Chemicals & Fertilizers, Punjab Chemicals & Crop Protection and Southern Petrochemicals Industries Corporation (SPIC) hit their respective 52-week highs, as they rallied up to 17 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes.
NACL Industries, Rallis, Gujarat State Fertilizers & Chemicals, Dhanuka Agritech, Sharda Cropchem, Insecticides (India) and Coromandel International were trading higher in the range of 2 per cent to 6 per cent. In comparison, the BSE Sensex was down 0.15 per cent at 80,768 at 10:20 AM.
What's driving agriculture stocks
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