The fertiliser space has seen a bit of euphoria as the date for the urea deregulation draws near. A bullish voice on the sector, Radhika Gupta, director at Forefront Capital Management, said the time is right to pick up fertiliser stocks now.
"We are bullish on Chambal and on the fertilizer space. If one has a two-year to three year horizon, you are going to see a lot more deregulation in this space because it's a space that's been ignored for the last couple of years by regulators. So the moves you see on December 3 should be a part of a larger number of moves you see on the space and fertiliser capacity has been pretty quiet for a while. That should also see itself picking up. So this is a very good time to enter. The only thing is one has to have a longer-term horizon-somewhere between two years to three years," she explained.
