Zuari Agro Chemicals drops 3% on shutting down of NPK B Plant

The plant has been shut for now due to a delay in the arrival of raw materials, the company said.

Mar 19, 2021 11:03 IST India Infoline News Service

Zuari Agro Chemicals
Zuari Agro Chemicals Limited informed the exchanges that its NPK B Plant has been shut down due to a delay in the arrival of raw materials. NPK stands for "nitrogen, phosphorus, and potassium," the three nutrients that compose complete fertilizers.

“We will inform you once the plant operations resume,” the company said in a regulatory on Thursday. Zuari Agro Chemicals is the flagship company of Adventz Group and is engaged in the manufacture, sale and trading of fertilizers and seeds.

Ata round 11.20 am, Zuari Agro Chemicals Ltd was trading at Rs88.85 per piece down by Rs2.45 or 2.68% from its previous closing of Rs91.30 per piece on the BSE.

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