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Fertilizers stocks: Union Budget 2024: Fertilizer stocks in focus. Here's what FM said

Finance Minister Niramala Sitharaman announced the expansion of Nano DAP application on various crops in all agro-climatic zones. This is part of the initiatives by the Modi 2.0 government. Fertilizer stocks were weak, with Rashtriya Chemicals and Fertilizers, Fertilizer and Chemicals Travancore, Chambal Fertilizers & Chemicals, Khaitan Chemicals & Fertilizers, and Gujarat State Fertilizers & Chemicals trading down. Coromandel International was among the gainers. Sitharaman also announced a strategy for achieving self-sufficiency in oil seeds. The Nifty remained positive, and the FM increased the capex allocation by 11.1%. ....

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Deepak Fertilizer, GSFC: Fertilizer stocks may soar 16% on subsidy push

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Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

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