FACT, Rashtriya Chemicals and Fertilisers, Paradeep Phosphates: Fertiliser shares surge up to 15%; here is why

Fertiliser shares were witnessing strong buying interest on Tuesday, August 25, in an otherwise subdued session.

Shares of Fertilizers and Chemicals Travancore (FACT) surged as much as 15% to hit an intraday high of ₹898. Paradeep Phosphates climbed 6%, Rashtriya Chemicals and Fertilisers advanced 7%, National Fertilisers jumped 4%, Madras Fertilisers advanced 7% and Zuari Agro Chemicals gained 2%.

Fertiliser shares came under buying interest after Russia assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.

Russian President Putin assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis.

"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," Putin was quoted as saying by the state-run TASS news agency.

Jaishankar conveyed Prime Minister Narendra Modi's greetings and a personal communication to the Russian president.

"Prime Minister Modi looks forward to meeting you at the SCO summit, then welcoming you in India for the BRICS Summit, and in due course, as per your mutual convenience, having the annual summit," he said. "So, we have, excellency, I think a very strong picture of cooperation.”

Meanwhile, in his opening remarks at the 27th IRIGC-TEC meeting, Jaishankar said trade between India and Russia has increased four-fold in five years - from around $13 billion in 2021-22 to nearly $60 billion in 2025-26.

He, however, voiced concern over significant widening of the trade imbalance, which had increased from $6.6 billion to over $50 billion.

India imported 6.5 million tonnes of fertilizers from Russia in 2025, marking a 41% increase from the previous year. The total value of these fertilizer imports reached approximately $2.96 billion, according to United Nations COMTRADE database.

As of 11:45 am, all the shares in the fertiliser space were witnessing strong buying interest outperforming the NIFTY50 index which was down 0.22% ahead of monthly expiry of NIFTY50 futures and option contracts.