Fertilizer Stocks Rally On GST Relief Hopes: Mitesh Panchal Sets New Targets For RCF, Coromandal Int

Stocks are experiencing a significant rise due to a combination of factors such as increased agricultural demand, favorable government policies, and rising global commodity prices. These elements are boosting investor confidence and driving the upward trend in fertilizer stock prices. In a series of recommendations, the GST Council (GSTC)on Saturday is likely to pave the way for industry from retrospective demands, where due to lack of clarity, the industry as a whole had been paying taxes at a different rate, as against what the government has prescribed in black and white later on.