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ChemicalsMedium impactAfter close

GNFC approves ₹450 crore ammonium nitrate expansion project

after close1 source ↓written by the desknot a recommendation

expansion
₹450 crore
increasing
163,000 tonnes
expenditure plan totaling
₹2,800 crores
per annum
338,000 tonnes

Gujarat Narmada Valley Fert & Chem (GNFC) has approved a ₹450 crore expansion of its Ammonium Nitrate Melt production capacity, increasing it by 163,000 tonnes. This project is part of a broader capital expenditure plan totaling ₹2,800 crores.

The expansion will nearly double GNFC's AN Melt capacity to approximately 338,000 tonnes per annum, enhancing its chemical production capabilities significantly. This move may strengthen GNFC's position in the chemical sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Nov 2025, 16:04 IST.

Sourcesnews.google.com

The market after the news

GNFC closed −0.8% on the day of the news, from ₹497.70 to ₹493.85; Nifty +0.6% over the same session.

Bulletin at 16:04 IST on 18 Nov 2025. Every change is measured from ₹497.70, the last close before it, on 18 Nov. Nifty 50 is measured over the same sessions.

  • GNFC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GNFC closes around the bulletin against the close before the news, with Nifty 50 rebased to it419.06497.70576.34axis spans 38%before the news · 18 Nov497.70Nifty 50GNFCbulletinD0+1+3+512 Nov24 Nov3 DecReference close ₹497.70. 16 sessions from 12 Nov to 3 Dec; the price axis spans 38 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Nov₹497.70basebase
On the day19 Nov₹493.85▼ −0.8%▲ +0.6%−1.3 pp difference
+1 session20 Nov₹491.75▼ −1.2%▲ +1.1%−2.3 pp difference
+3 sessions24 Nov₹487.90▼ −2.0%▲ +0.2%−2.2 pp difference
+5 sessions26 Nov₹489.00▼ −1.8%▲ +1.1%−2.9 pp difference
Gap at the open, % · ₹
0.0%0.00 on 19 Nov
Day's range, % · ₹
1.2%≈ 6.0 high to low
Volume on the day
0.53×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · GNFC on the desk →

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