Fertiliser Shares Surge; Rashtriya Chemicals Jumps Over 16 Percent

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Fertiliser Stocks Soar as Govt Prioritises Gas Allocation Amid West Asia Conflict

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News18•10-03-2026, 18:45

Fertiliser Stocks Soar as Govt Prioritises Gas Allocation Amid West Asia Conflict

•Fertiliser stocks rallied sharply, with Rashtriya Chemicals and Fertilizers surging over 16%.
•Government prioritised gas allocation to the fertiliser sector, driving the stock surge.
•Decision follows disruption of 30% of India's gas supply due to West Asia conflict and Strait of Hormuz issues.
•Oil ministry's gazette notification under Essential Commodities Act reprioritises gas supply.
•Fertiliser sector to receive 70% of its past six months' gas demand, overriding existing contracts.

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