Fertilizer Stocks Rally After Union Cabinet Approves Massive ₹62,370 Cr Agri Subsidy

Fertilizer stocks are witnessing massive action on Dalal Street following a major decision by the Union Cabinet. The government has officially approved a mega ₹62,370 crore nutrient-based subsidy for Rabi crops, triggering a sharp rally across the agriculture sector. Companies like Coromandel International, Paradeep Phosphates, Chambal Fertilizers, and Deepak Fertilizers are emerging as the top beneficiaries of this massive working capital relief. After battling the impact of a poor monsoon and El Nino, is this the ultimate turnaround moment for the fertilizer space? Watch this quick market update to find out why fertilizer stocks are suddenly in top gear, which shares are leading the pack, and what it means for your portfolio.