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Stay invested in GNFC: Avinash Gorakshakar

Avinash Gorakshakar, Market Expert is of the view that one may stay invested in GNFC.

March 03, 2017 / 15:36 IST
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Avinash Gorakshakar, Market Expert told CNBC-TV18, "One should definitely hold Gujarat Narmada Valley Fertilizers & Chemicals (GNFC). One should get a good risk reward ratio. I believe GNFC is more of a speciality chemical company and less of a fertiliser company."

He further added, "They had problem at their chemical facility in the last quarter. I think the plant is now back to normal and I think you could see better earnings in FY18, so if one can hold on for one year, I think one should decently get a 15-16 percent upside."

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first published: Mar 3, 2017 03:34 pm

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