Chambal Fertilisers can touch Rs 75-76: Thukral

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Chambal Fertilisers can touch Rs 75-76: Thukral

Chambal Fertilisers and Chemicals can touch Rs 75-76, says Hemant Thukral, Asian Markets Securities.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Chambal Fertiliser has target of Rs 75: Parag Doctor Exit Chambal Fertilisers at higher level: Bhamre Chambal Fertilisers has target of Rs 70-71: Thacker ALSO READ See previous views by Hemant Thukral See what other Experts & Brokerages are saying about Chambal Fert See messages about Chambal Fert Chambal Fert BSE | NSE 10/02/12 Are Mutual Funds betting on Chambal Fert?

Chambal Fertilisers and Chemicals can touch Rs 75-76, says Hemant Thukral , Asian Markets Securities.

Thukral told CNBC-TV18, "Fertiliser stocks have seen a lot of interest in open addition, so clearly they are looking good. Chambal fertilizer is looking good to move up to Rs 75-76 because Nagarjuna has seen lot of call writing at Rs 40 levels. So we will be backing Chambal and that is the stock that will see more run up."

At 12:37 pm, the share was quoting at Rs 68.95, down Rs 1.7, or 2.41% with volumes of 2,289,702 shares. Currently it is 97.28% above the 52-week low of Rs 34.95.