Home / Markets / News / Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks

Soaring prices could trigger up to 17% upside in these 5 fertiliser stocks

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

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Fertiliser stocks likely to remain in focus ahead of Budget 2023.

4 min read Last Updated : Dec 13 2022 | 12:23 PM IST

Fertilizer stocks have been in the limelight as fertilizers prices have skyrocketed owing to the Russia-Ukraine war. According to a Business Standard report, fertilizer sales, especially of Muriate of Potash (MoP), have been severely impacted.

The sale of Muriate of Potash (MoP) has declined 39 per cent from pre-pandemic levels and 48 per cent, when compared to the previous year season, because farmers shunned this vital crop nutrient in favour of urea, di-ammonia phosphate and NPKS (sodium, phosphorus, potassium, and sulphur) because of high prices. READ MORE

Separately, the shares may remain on investors' radar ahead of the presentation of

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