India's fertiliser stocks jump on hopes of Iran war de-escalation

Gujarat State Fertilizers & Chemicals

01/04/2026 06:26

** Khaitan Chemicals & Fertilizers KHCF.NS jumps 10.9%, Madras Fertilizers MDFT.NS gain 8.4%, Rashtriya Chemicals & Fertilizers RSTC.NS add 6.9%

** National Fertilizers NAFT.NS, Nagarjuna Fertilizers NGFR.NS, Deepak Fertilisers DPFE.NS climb 6%-7%

** Donald Trump says month-long Iran war could end soon

** Stocks slumped 8.7%-23.7% in March as Iran war raised supply disruption fears

** Middle East accounts for roughly half of India's diammonium phosphate, urea imports

** Hopes of de-escalation pushes benchmark Nifty 50 .NSEI up 2.1% .BO

 (Reporting by Vivek Kumar M in Bengaluru)

 ((vivekkumar.m@thomsonreuters.com))