Gujarat State Fertilizers & Chemicals Ltd has signed a non-binding Memorandum of Understanding ('MOU') with Centrex Metals Limited, Australia, for the purchase of 3,00,000 tonnes per annum (dry basis) of Rock Phosphate for a period of 10 years.It is further to be noted that the said proposal upon its implementation shall be immensely useful to GSFC for the purpose of its backward and forward integration strategies.Shares of GUJARAT STATE FERTILIZERS & CHEMICALS LTD. was last trading in BSE at Rs.122.5 as compared to the previous close of Rs. 131.6. The total number of shares traded during the day was 815549 in over 6376 trades.The stock hit an intraday high of Rs. 133.5 and intraday low of 120.6. The net turnover during the day was Rs. 101035849.
Australian company Gujarat State Fertilizers & Chemicals Metals has signed a non-binding memorandum of understanding with Centrex to purchase 3,00,000 tonnes of phosphate rock per year for the day was .