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Apr 28, 2012, 01.56 PM IST
SP Tulsian of sptulsian.com is not too positive on RCF, NFL.
SP Tulsian of sptulsian.com is not too positive on RCF, NFL. Tulsian told CNBC-TV18, “I have no idea that what could be the reason for the stocks to move because generally in case Rashtriya Chemicals and Fertilisers (RCF), National Fertilizers (NFL) and these kind of stocks the rallies are not really sustainable. Sometimes we see them moving up on the deregulation of urea kind of things or may be the investment policy of urea coming in. Except for Chambal fertilizer which has already corrected a lot, it used to rule in the range of about Rs 85-90 or may be Rs 85-95 band there can be taken some investment view on the stock but honestly I’ll not be too positive unless until you have the concrete news coming in the direction especially on the urea front from any of the sources.”
Action in Rashtriya Chemicals and Fertilisers
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