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Chambal Fertilisers to Coromandel International: Fertiliser stocks rise up to 6% on subsidy reports
Fertiliser stocks like FACT and Chambal Fertilisers rose by up to 5% as reports indicated a potential increase in government subsidies for FY27. The Ministry of Fertilisers has proposed doubling the subsidy allocation to ₹1.71 lakh crore amid rising global fertiliser prices.
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