Fertilizer Stocks

Govt acted to boost domestic DAP supply amid disruptions: Anupriya Patel

Union Minister Anupriya Patel on Wednesday said the geopolitical disturbances this year caused disruptions in fertiliser supply chain and also impacted domestic availability of di-ammonium phosphate (DAP), but the government took many steps to overcome challenges of providing nutrients to farmers on time. Addresing an annual seminar of Fertilisers Association of India, Minister of State for Chemicals and Fertilizers Anupriya Patel said India's agricultural sector depends significantly on the import of some of the critical fertilizers like DAP (Di-ammonium phosphate), MoP (Muriate of Potash), NPKs and partially even urea. "And this year, there have been some geopolitical disturbances which led to supply chain disruption and that had an impact on the availability of fertilizers, especially of DAP in the country. But the Department (of fertilizers) rose to the occasion," she said. To overcome this challenge, Patel said the Centre took several proactive measures. "Along with the ...

NFL, RCF, FACT: Shares of fertiliser firms rally up to 13% ahead of Budget

In the pre-Budget consultations with the finance minister, the agri sector had sought rationalisation of fertiliser subsidies and hike in investment for agricultural research.

Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs

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.

These fertiliser shares can rally up to 23% amid monsoon boom forecast

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.

KRIBHCO's turnover jumps 95% to Rs 25,715 cr in FY23, declares 20% dividend

Fertiliser cooperative Krishak Bharati Cooperative Ltd's (KRIBHCO) total income jumped 95 per cent to Rs 25,715.07 crore during last fiscal on better sales, and it declared a dividend of 20 per cent. Total income stood at Rs 13,194.50 crore in the previous year. Addressing its 43rd annual general meeting (AGM) here on Thursday, KRIBHCO's Chairman Chandra Pal Singh said the cooperative earned a pre-tax profit of Rs 763.16 crore in 2022-23. The profit before tax stood at Rs 1,493.26 crore in the previous year. The cooperative has declared a dividend of 20 per cent on equity capital for the year and the management has approved Rs 77.68 crore for dividend outgo, Singh said. The annual accounts of the cooperative have been approved by the members in the AGM. Net worth of KRIBHCO increased to Rs 5,128.61 crore last fiscal year from Rs 4,643.10 crore in FY22. "The total membership of KRIBHCO consists of 9,470 cooperative societies. The paid up share capital of the society was Rs 388.62

Fertiliser imports rose 3.9% to 1.9 mn metric tonnes in January: Govt data

The country's fertiliser imports rose by 3.9 per cent to 19.04 lakh tonnes in January this year compared to the year-ago period, according to the Fertiliser Ministry data. The country imported 18.33 lakh tonnes of fertilisers during January 2022. According to the latest data, of the total imports of 19.04 lakh tonne, 10.65 lakh tonnes of urea, 5.62 lakh tonnes of Di-ammonium Phosphate (DAP), 1.14 lakh tonnes of Muriate of Potash (MoP) and 1.63 lakh tonnes of complexes were imported. In the same month of the previous year, the country imported 12.48 lakh tonnes of urea, 2.45 lakh tonnes of DAP and 3.40 lakh tonnes of MoP. The quantity of MoP was for both agriculture and industrial use. The domestic fertiliser production during January this year also rose to 39.14 lakh tonnes when compared with 32.16 lakh tonnes in the year-ago period, the data showed. In the international market, there has been a falling trend in fertiliser prices. Urea prices (freight on board) showed a decline o

PI Industries extends rally, soars 12% in two days on better growth outlook

The management is confident of delivering 20 per cent plus revenue growth with continued improvement in margins and returns.

TMS Ep331: FPIs, Karan Virwani, fertiliser stocks, Santa Claus rally

Why have FPIs turned negative on India? Why does WeWork India CEO think his firm is just scratching the surface? Will urea subsidy boost fertiliser stocks? What is a Santa Claus rally? Answers here

Will higher urea subsidy hope boost fertiliser stocks?

The fall in global fertiliser and natural gas prices are likely to bring respite to fertiliser companies. But Russian export duty on fertiliser may have a trickle-down impact on the Indian industry

Nano DAP might hit the market by the next kharif season, says official

Single superphosphate to be included in 'One Nation, One Fertiliser' scheme in the next few months

Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal

Both parties plan to execute the formal agreement before the close of this calendar year and the supply arrangement comes into effect from 1st April 2023.

Stocks to Watch: Adani Group, Fertilisers, HDFC Bank, Canara Bank, Suzlon

Stocks to Watch on Tuesday: Government may look to privatise PSU fertiliser companies; Adani Group in an attempt to allay fears of being overleveraged, said the firms have reduced debt over the years.

GSFC soars 15% as Q1 profit more-than-doubles; stock up 39% from June low

Going forward, higher Agri commodity prices, Government agriculture focus, the expectation of a normal monsoon and higher reservoir levels bodes well for agriculture.

Subsidy withdrawal risk rings warning bell for fertilisers

Notwithstanding soaring input costs and supply snags, market has been bullish on fertiliser companies, thanks to the govt's subsidy support. But why are analysts cautious on fertiliser companies?

Fertilizer shares in demand, zoom up to 20% amid supply worries

Select stocks have soared more than 50 per cent in the last one month riding the commodity boom.

Chart Check: Zuari Global, GSFC, Deepak Fertilisers can rally up to 18%

Deepak Fertilisers has broken out of the consolidation range of Rs 390 to Rs 340 levels, and can rally up to Rs 450-odd levels.

Stocks to Watch: Havells, JustDial, Jubilant Food, L&TFH, TajGVK, Tata Comm

Ferilisers, banking shares along with result-oriented stocks like Just Dial, Jubilant Foodworks, Tata Communication, Nestle India and Rallis India to be in focus today

Shipping Corporation, BPCL, NFL: Trading strategies for news-driven stocks

With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

Agri-related stks in focus; FACT, Madras Fertilizers hit 20% upper circuit

FACT and Madras Fertilizers shares were trading at their 52-week highs today