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FY24/25 to gain from cost efficiencies and improved capacity for this fertiliser player
FY24/25 to see backward integration efficiencies kick in. Growth plan is right in place
Budget 2022 is likely to allocate $19 billion as fertiliser subsidies to support the sector. We tell you what it means and the companies that would see an impact .
SP Tulsian, sptulsian.com is of the view that investors can buy fertilizer stocks from 6 months perspective.
According to SP Tulsian of sptulsian.com, the outlook for the market is bleak. “On the first day of expiry, that too of an elongated series, if we have this kind of a fall, I don’t think that there is any respite in any direction for the traders” he said.
Buy fertilizer stocks at current level, says Sudip Bandyopadhyay, MD & CEO, Destimoney Securities.
Satish Chander director general of Fertiliser Association of India (FAI) says that the industry is confident of a positive outcome from the Group of Ministers (GoM) level on the urea policy. “We are absolutely positive on the outcome and the work which has been done by the CoS, GoM. I am sure the government is going to approve it,” he feels.
SP Tulsian of sptulsian.com in an interview on CNBC-TV18 spoke about his multibagger ideas and how he reads the market going ahead.
Add fertilizer stocks, says Ajay Argal, Head Equity Offshore, Birla Sun Life Asset Management Company.
