Guwahati, Feb. 1 -- Fertilizer stocks surged following Union Finance Minister Nirmala Sitharaman's announcement of a new urea plant in Assam during the Union Budget 2025-2026.

This announcement sparked a rally in fertilizer and urea stocks, reflecting investor optimism.

Madras Fertilizers saw a notable rise of 4.01%, while Paradeep Phosphates jumped 4.08%. FACT experienced a substantial surge of 3.66%, and National Fertilizers recorded an increase of 3.31%. Rashtriya Chemicals and Fertilizers (RCF) also saw a gain of 1.59%.

Other companies, including Mangalore Chemicals, Southern Petrochemical Industries, and Gujarat Narmada Valley Fertilizers, experienced steady growth with stock increases ranging from 1% to 1.6%.

During her speech, ...