Overall, the visual takeaway is that private integrated fertilizer players have delivered steadier, more durable relative strength, while PSU-heavy names show higher volatility and recent loss of momentum. For 2026 positioning, the chart argues for overweighting structural leaders (like Coromandel and, to a degree, Chambal) and treating GSFC, RCF, and even FACT more as tactical, mean-reversion or policy-beta plays rather than core long-term holdings.
