India, March 10 -- The shares of the Mid-cap company, specializing in manufacturing and marketing complex fertilizers (Factamfos), ammonium sulphate, organic fertilizers, and caprolactam, are in focus as the stock has rallied 20 percent in intraday trade following the announcement of the Gas Supply Cap for fertilizer plants.

With a market capitalization of Rs. 51,448.69 Crores on the Day's Trade, the shares of Fertilizers and Chemicals Travancore Ltd hit a 20 percent upper circuit, reaching a high of Rs. 795.10 compared to its previous close of Rs. 662.60.

What Happened Fertilizers and Chemicals Travancore Ltd, engaged in manufacturing and marketing complex fertilizers (Factamfos), ammonium sulphate, organic fertilizers, and caprolac...