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Stock of the day: Paradeep Phosphates set to reap good growth in fertilizer segment

Paradeep Phosphates’ focus on the complex fertilizer (non-urea) segment is a key positive as the government is promoting non-urea complex fertilizers to avoid the excessive use of urea and achieve balanced nutrition for the soil. The company has all the right ingredients in place to remain cost-competitive and can emerge as a significant private player in the fast-growing complex fertilizer space.

first published: Nov 21, 2023 10:04 am

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