Page 2 - Fertiliser Stocks

Deepak Fertilisers up 5%, hits new high; stock gains 29% post strong Q1 nos

The company reported a 3.3-fold jump in Q1 net profit at Rs 435.66 crore, following which the stock has rallied smartly in the last seven trading sessions.

Fertiliser stks prey to subsidy withdrawal risk, high input costs: Analysts

The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe.

India to provide $55 mn economic support to Lanka for procuring fertiliser

With Sri Lankan famers waiting for fertiliser to start the Yala season, India has decided to extend a Line of Credit (LOC) of $55 million to Sri Lanka for the procurement of urea.

Stock of fertilisers for kharif season exceeds demand, says govt

Stating that there is more stock for supply of fertilisers for this kharif season than the demand this year, the Centre asked the states to not create either a panic situation or spread misinformation

Uptrend intact in GNFC, Coromandel, Madras Fertilizers; may gain up to 16%

Fertilizer shares have been the outperformers so far in 2022, gaining up to 100%; While the bullish sentiment seems overrated, charts indicate continuation of the uptrend.

There won't be any fertiliser shortage in kharif season, says govt

The government also said that it will soon announce the subsidy rate for non-urea soil nutrients for the current fiscal

Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares

IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.

Indian fertiliser stocks surge after report on subsidies doubling plan

Indian fertiliser stocks jumped after a report the government plans to increase fertiliser subsidies to a record of more than 1.55 trillion rupees ($20.67 billion) in 2021-2022

China's curbs on fertiliser exports may affect India, says report

The increased scrutiny comes as global fertilisers costs have soared to new records, spurred by energy crises in Europe and China as coal and natural gas are important feedstocks

Fertiliser stocks ride high on subsidy hike: Here're the top gainers

Analysts say the hike in DAP subsidy will have a positive rub-off on fertiliser and agri-input companies

Stocks to watch: ZEEL, HPCL, Axis Bank, IB Housing Fin, fertiliser stocks

Indiabulls Housing Finance on Wednesday reported a two-fold jump in its profit after tax to Rs 276 crore in the quarter ended March 2021 helped by stable asset quality

Normal monsoon to boost stocks of agri-related companies, cool inflation

Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22

Fertiliser shares jump; RCF, National Fertilizers zoom up to 68% in a week

Last week, rating agency ICRA reaffirmed credit ratings of the RCF's instruments and revised outlook to 'positive' from 'stable

Spike in fertiliser sales boosts prospects for Coromandel International

While rabi season drives hopes of a strong Q3, analysts are hopeful of strong growth over the next two years

UPL makes the right moves with mega debt retirement plan

Healthy fundamentals and expectation of a strong second half of 2020-21 cheer investors

Top firms exit fertiliser biz on delayed subsidy payouts, falling margins

Birla's sale of fertiliser arm comes within two years of Tata's exit from sector

India may start 2021-22 with 'little' fertiliser subsidy arrears

Centre allocates extra Rs 65,000 crore for FY21, over the BE of Rs 71,309 crore

RCF, Chambal Fertilizers, GNFC: Charts suggest upside for fertiliser stocks

Fertiliser sales surged by almost 98 per cent year on year in May 2020, according to government data

Fertiliser body concerned as subsidy dues payable to cos cross Rs 33,000 cr

FAI Director General Satish Chander demanded that the government should clear subsidy arrears at the earliest as delay in payments is hurting liquidity of manufacturers

Fertiliser shares in focus; Deepak, Chambal Fertiliser hit new high

RCF, Nagarjuna Fertilisers, Chambal Fertilisers and Deepak Fertilisers gained more than 4% each