Stock Market : A plan to open urea plants in eastern India has been announced in the budget. After this news, the shares of fertilizer companies have risen sharply. Let us tell you that there has been a strong rise in the month of January. Fertilizer Shares - On February 1, 2025, the shares of companies like Rashtriya Chemicals and Fertilizers (RCF), Madras Fertilizers, Mangalore Chemicals and Fertilizers, National Fertilizers are seeing a stormy rise.

What is the news- A 1.27 Lk tonne capacity urea plant will be set up in Assam. Fertilizer production in India is extremely important for the agriculture sector. During the year 2023-24, the total fertilizer production in the country was around 4.52 crore tonnes.

Urea is the most widely used nitrogen-based fertilizer in India. Under government policies, neem-coating of urea has been made mandatory, which has increased its effectiveness. DAP (Di-Ammonium Phosphate): The major source of phosphorus and its consumption is also important. NPK (Nitrogen, Phosphorus, Potassium) Complex Fertilizers: They are used for balanced nutrition. The government has taken several steps to increase fertilizer production, including setting up new production units and modernization of existing plants. Due to the production and supply enhancement strategies implemented by the Ministry of Fertilizers, the total fertilizer production in 2023-24 has seen an increase in the consumption of fertilizers in India, especially in the consumption of urea. The government has implemented the Nutrient Based Subsidy (NBS) scheme to promote balanced fertilizer use, so that soil fertility is maintained and crop production is improved. Through these initiatives, India is moving towards self-sufficiency in fertilizer production, which will strengthen the agriculture sector and farmers will get the required fertilizers on time. After the government announced a relief package for fertilizer companies, a positive trend has been seen in the shares of these companies. Apart from this, after the recent proposal to remove GST, the shares of National Fertilizers Limited (NFL) jumped by 20 percent.