Chambal Fertilisers can move upto Rs 92: Thukral

Chambal Fertilisers can move upto Rs 92, says Hemant Thukral, Head-Derivatives Research, SBI Capital Securities.

Thukral told CNBC-TV18, "Fertilizers have seen a huge built up of open interest yesterday. So Chambal Fertilisers and Nagarjuna Fertilisers have seen huge accumulation of open interest, both looking good. Chambal can move upto Rs 92 from the current levels and Nagarjuna can move upto Rs 35. So traders can easily look into buying if they open flat today."
Chambal Fert trailing 12-month (TTM) EPS was at Rs 7.37 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 11.72. The latest book value of the company is Rs 33.40 per share. At current value, the price-to-book value of the company was 2.59. The dividend yield of the company was 2.2%.