Fertilizer Industry Stocks is a subsector of the Indian Stock Market. In India, shares of fertilizer companies have been on fire since the start of the Calendar Year 2020 as the agri-economy shouldered the burden of lifting the Covid-19 pandemic hit economy. Here is the list of Best Fertilizer Stocks to Buy in India.
Update over Fertilizer Stocks and Industries
In the month of May 2021, fertilizer stock rise as the price of raw materials such as phosphoric acid and ammonia, among others rise in price. Fertilizer stocks gained after the Central Government increased its share of subsidy by 140 percent from Rs. 500 to 1200 per bag. This results in the reduction of market price from Rs. 2400 to Rs. 1200 per bag.
In addition to the Rs. 80,000 crore spent annually on fertilizer subsidies to farmers, this new decision will cost the government Rs. 14775 Crore. PM Modi said that his government is dedicated to the welfare of farmers and will make every effort to ensure that they are spared the brunt of price. increase. If you are willing to invest in Fertilizers Stocks, Here is the list of the Best Fertilizer Stocks to Buy in India.
Best Fertilizer Stocks to Buy in India 2021
If you are interested in investing in stocks belonging to Fertilizer Industries, here is a list of the top 10 and Best Fertilizer Stocks to Buy in India.
| Company | CMP (Rs.) |
|---|---|
| Chambal Fertilizer | 310.90 |
| Coromandel International | 876.60 |
| Fertilizers and Chemicals Travancore | 144.10 |
| Gujarat Narmada Valley Fertilizers and Chemicals Ltd. | 358.30 |
| Tata Chemicals | 714.80 |
| Gujarat State Fertilizers & Chemical Ltd. | 115.85 |
| Rashtriya Chemicals and Fertilizers | 82.70 |
| National Fertilizers Ltd. | 66.50 |
| Deepak Fertilizers | 430.20 |
| Mangalore Chemicals and Fertilizers | 84.55 |
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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.
Shares/Mutual Funds on my blog are provided for educational purposes only and do not constitute specific financial, trading, or investment advice. Please consult your financial adviser before taking any position in the stock/s mentioned.
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