1 week ago
Russian Fertiliser Supply Assurance Sends Indian Stocks Sharply Higher
Several Indian fertiliser companies saw their share prices rise on Tuesday.
The biggest gain came from Fertilisers and Chemicals Travancore, whose shares climbed 14%.
Russia told India that it would keep supplying energy and fertilisers without interruption.
This matters because Indian farmers need fertilisers to grow crops.
Russia has become an important supplier of fertilisers to India.
India’s fertiliser imports from Russia rose by nearly 40% in 2025.
Indian and Russian officials also discussed long-term cooperation in the fertiliser industry.
Investors appeared to view the supply assurance as good news for fertiliser companies.
Fertiliser stocks rose 3% to 14% on Tuesday, August 25, after Russia assured India of uninterrupted energy and fertiliser supplies.
Fertilisers and Chemicals Travancore led the rally, gaining 14% to ₹896.50 per share.
Basant Agro Tech rose 8%, Madras Fertilizers gained 7%, and Rashtriya Chemicals and Fertilizers advanced 5%.
Russia has become a key fertiliser supplier to India, with Indian imports from Russia increasing nearly 40% in 2025.
India and Russia are also exploring deeper fertiliser cooperation, including a proposed urea manufacturing facility in Russia.
- Who
- Russia, India, External Affairs Minister S. Jaishankar, President Vladimir Putin, and Indian fertiliser companies.
- What
- Fertiliser stocks rose after Russia assured India of uninterrupted supplies of energy and fertilisers.
- Where
- The assurance was given during meetings in Russia, while the stock gains occurred in Indian markets.
- When
- Tuesday, August 25; the assurance was given during Jaishankar’s two-day visit to Russia.
- Why
- Russia is a key fertiliser supplier to India, and investors reacted positively to assurances that supplies would continue amid disruptions caused by the West Asia crisis.
Key facts
- Top gainer
- Fertilisers and Chemicals Travancore rose 14% to ₹896.50 per share.
- Other major gains
- Basant Agro Tech rose 8%, Madras Fertilizers 7%, and Rashtriya Chemicals and Fertilizers 5%.
- Additional gains
- National Fertilizers gained 3.5%, while Rama Phosphates rose 3%.
- Russian assurance
- President Vladimir Putin said Russia was working to fully meet the needs of Indian farmers and the agricultural sector.
- Import growth
- India’s fertiliser imports from Russia increased by nearly 40% in 2025.
- Trade imbalance
- The India-Russia trade imbalance widened from $6.6 billion to more than $50 billion.
- Trade target
- India and Russia share an objective of reaching $100 billion in bilateral trade by 2030.
Quotes
Vladimir Putin
President of Russia
“We are doing everything we can to fully meet the needs of Indian farmers and the agricultural sector, increasing these supplies and standing ready to continue doing so”
livemint.com
Sources
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