Fertiliser, agrochemical stocks rally as monsoon arrives early

Fertiliser, agrochemical stocks rally as monsoon arrives early

Shares of fertiliser and agrochemical companies were among the top gainers on the BSE on Monday, after monsoons progressed earlier than expected in various parts of the country. Analysts said investors are hoping that the good rainfall could benefit the agriculture sector, which in turn would boost demand for their products. Fertilisers & Chemicals Travancore … Read more

Bumper harvest likely due to good rainfall, planting up 18.5% from last year

Bumper harvest likely due to good rainfall, planting up 18.5% from last year

NEW DELHI: Crop planting has expanded to 80% of the 100 million hectares that is usually cultivated in India in the current season as good rainfall has helped farmers prepare their fields faster than they did last year. So far, planting is 18.5% more than that a year ago.“Due to good rains, farmers have been … Read more