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Fertilizer stocks surge as govt announces urea plant in Assam in Budget 2025

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Fertilizer stocks surge as govt announces urea plant in Assam in Budget 2025

The fertilizer sector in the special trading session on Budget 2025 saw a significant rally after Union Finance Minister Nirmala Sitharaman’s announcement of a new urea plant in Assam. The move, part of the Union Budget 2025-2026, made a rally in the stock prices of the fertilisers and urea stocks.

Fertilizer stocks on the rise

Shares of various fertilizer companies saw an uptick following the government’s announcement of a new urea plant in Assam.

Madras Fertilizers saw a rise of 4.01%, Paradeep Phosphates gained 4.08%, and FACT surged by 3.66%. National Fertilizers also saw a notable increase of 3.31%, while Rashtriya Chemicals and Fertilizers (RCF) recorded a gain of 1.59%.

Other companies like Mangalore Chemicals, Southern Petrochemical Industries, and Gujarat Narmada Valley Fertilizers saw a steady growth, with increases ranging from 1% to 1.6%.

Also ReadUnion Budget 2025: FM Nirmala Sitharaman announces Centre of Excellence for AI in education with Rs 500 Cr outlay New urea plant in Assam

In her speech, Finance Minister Nirmala Sitharaman announced a new urea plant with a capacity of 12.7 lakh metric tons per year would be set up in Assam.

Finance Minister Nirmala Sitharaman is currently presenting the Budget 2025 in Parliament. Stock and commodity exchanges BSE, NSE, and MCX – are conducting a special trading session on Saturday, February 1, 2025, in view of the Budget.

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