Fertilizer stocks rallied on Wednesday after the Cabinet Committee on Economic Affairs (CCEA) has approved a major policy intervention, to supply gas at uniform delivered price to all fertilizer plants on the gas grid for production of urea through a pooling mechanism.

Shares of Shiva Global Agro Industries climbed most with rise of 14.01%, followed by Zuari Agro Chemicals (11.26%), Rama Phosphates (9.79%), National Fertilizers (6.43%), Zuari Global (6.11%), Chambal Fertilisers & Chemicals (6%), Gujarat Narmada Valley Fertilizers & Chemicals (5.09%), Rashtriya Chemicals & Fertilizers (4.88%), Gujarat State Fertilizers & Chemicals (3.72%) and Aries Agro (3.41%).