FERTLIZER STOCKS :Govt decides to hike #fertiliser subsidy

#Subsidy on DAP fertiliser hiked by 140%

Farmers to get subsidy of Rs 1200 per bag of DAP instead of Rs 500

Farmers to get a bag of DAP for Rs 1200 instead of Rs 2400

Govt to spend addl Rs 14,775 cr towards subsidy (Possitive)

Govt has hiked #fertiliser subsidy by 140%. Take a look at the top 5 companies in the space and their capacities.

#Fertiliser stocks see a sharp surge, Madras Fert up more than 17%, FACT & Mangalore Chem rise over 8% each