Fertilser Companies

The catalyst for this rally in fertiliser shares was the anticipated increase in the price of Di-Ammonia Phosphate (DAP), the second most widely used fertiliser in India after urea

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the government of India's continued policy-level support to the industry.

DAP (Di ammonium Phosphate) is the most widely consumed fertiliser after urea in the country

The firm is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers such as di-ammonium phosphate (DAP) and NPK fertilizers

Chambal Fertilisers & Chemicals, RCF, Zuari Agro Chemicals and National Fertilizers were up more than 3 per cent on the BSE in an otherwise weak market.

The govt has directed fertiliser companies to print the MRP and available subsidy on each bag of P&K fertilizers