Coromandel International MD S Sankarasubramanian discusses fertilizer supply, subsidy outlook, urea prices, and the impact of the West Asia conflict on India
Fertiliser stocks are in high demand today after reports said that a surge in global fertiliser prices is likely to double the fertiliser subsidy bill from the Budget estimate of ₹1.7 trillion.
The collaboration will leverage Samunnati's FPO network and Coromandel's agri expertise to improve access to farm inputs, financing and technology adoption
Amol Athawale of Kotak Securities believes Chambal Fertilisers and M&M are favourably placed, while Coromandel looks weak on charts. The analyst flags key levels for these 3 monsoon-related stocks.
India is the world's second-largest fertiliser consumer after China and depends heavily on imports of both raw materials and finished products
Shares of fertiliser companies jumped up to 5 per cent on Wednesday after US President Donald Trump agreed to a temporary two-week ceasefire with Iran