HomeNewsBusinessStocksBuy Bharat Agri Fert and Realty; target of Rs 240: Profitmart

Buy Bharat Agri Fert and Realty; target of Rs 240: Profitmart

Profitmart is bullish on Bharat Agri Fert and Realty has recommended buy rating on the stock with a target price of Rs 240 in its research report dated April 09, 2024.

April 10, 2024 / 18:19 IST
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Buy
Buy

Profitmart research report on Bharat Agri Fert and Realty

Bharat Agri Fert & Realty Ltd (BAFRL) incorporated in 1958, is engaged in the construction and development of residential and commercial complexes, manufacturing fertilizers, and operating a resort. In 2012, the company changed its name from Bharat Fertilizer Industries Ltd to Bharat Agri Fert & Realty Ltd The company manufactures 66,000 tonnes of Single Super Phosphate (SSP) fertilizers and 33,000 tonnes of sulphuric acid annually. BAFRL’s product range includes single super phosphate (powder and granulated), sulphuric acid, and alum (liquid and solid).

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Outlook

Hence, we believe that the fair value of Bharat Agri Fert & Realty to be around Rs 240 /- per share in the next 12-18 months.