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

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