Fertiliser Stocks

Assuring the farmers that everything will be provided to them, he added, "I would like to tell farmers of Haryana that there is no need to panic, everything will be provided to you"

Farmers in some Haryana districts are grappling with a DAP fertiliser shortage but the government has failed to take appropriate steps to address the issue, opposition Congress leaders and farmer activists in the state have alleged. Long queues of farmers have been seen at some places in the state and even the police had to be called in for crowd management. Targeting the government, Congress general secretary and Sirsa MP Kumari Selja said it has failed to take appropriate steps in time. She alleged that the shortage of di-ammonium phosphate (DAP) fertiliser, essential for the cultivation of mustard, wheat and some other crops, has forced farmers to stand in long queues and still they are not able to get enough to meet their needs. "In many places, the situation has become dire and farmers have been forced to hold protests and demonstrations. After urea, DAP is the most widely used fertiliser in the country," Selja said. DAP contains nitrogen and phosphorus, which are primary ...

Chemical & fertiliser stocks rallied up to 30 per cent in June, thereafter, most of them corrected on account of profit-taking. Will the rally resume in July? Here's what the technical charts suggest.

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the GoI's continued policy-level support to the industry by way of the healthy subsidy budget.

Shares of fertiliser companies have rallied up to 15 per cent so far in June following above normal monsoon forecast for India; here are four stocks that look strong on charts.

GNFC's revenue from operations slipped a little over 7 per cent to Rs 2,110 crore in Q4FY24, as opposed to Rs 2,271 crore a year ago (Q4FY23)

The marketing margin is charged by gas marketing companies from consumers over and above the cost of gas for taking on the additional risk and cost associated with the marketing of gas

The output of eight key infrastructure sectors increased by 7.8 per cent in November 2023 against a 5.7 per cent expansion in the year-ago period, according to the official data released on Friday. All sectors except crude oil and cement recorded healthy production growth in the month under review. The core sector (coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity) growth in October was 12 per cent. Coal and refinery products output recorded double-digit growth. The output growth of eight sectors was 8.6 per cent in April-November 2023-24 against 8.1 per cent in the year-ago period.

The average trading volumes on the counter jumped nearly 10-fold, as around 14.35 million equity shares, which represented 3 per cent of total equity of NFL changed hands on the NSE and BSE so far

Shares of Coromandel International, Deepak Fertilisers, GSFC, Madras Fertilisers, National Fertilisers, RCF, and Zuari Agro Chemicals have soared up to 196 per cent so far this calendar year (CY22)

The overall trend in the fertiliser space remains bullish, with stocks like Chambal Fertilizers & Chemicals, Aries Agro and National Fertilizers indicating strong upside ahead

Shares of RCF, NFL, GSFC, GNFC, Chambal Fertilisers, and Zuari Agro Chemicals were up between 5 per cent and 12 per cent

A K Prabhakar, head of research at IDBI Capital, for instance, sees more headroom in stocks of fertiliser companies, especially those that have backward integration as well

The company expects their market leadership in key product segments and strong demand outlook to drive business growth and profitability.

The company reported a 3.3-fold jump in Q1 net profit at Rs 435.66 crore, following which the stock has rallied smartly in the last seven trading sessions.

The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe.

With Sri Lankan famers waiting for fertiliser to start the Yala season, India has decided to extend a Line of Credit (LOC) of $55 million to Sri Lanka for the procurement of urea.

Stating that there is more stock for supply of fertilisers for this kharif season than the demand this year, the Centre asked the states to not create either a panic situation or spread misinformation

Fertilizer shares have been the outperformers so far in 2022, gaining up to 100%; While the bullish sentiment seems overrated, charts indicate continuation of the uptrend.

The government also said that it will soon announce the subsidy rate for non-urea soil nutrients for the current fiscal