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Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Jun 15, 2020 04:25 PM IST | Source: Moneycontrol.com

Slideshow | Prabhudas Lilladher bets on these 4 fertiliser stocks with an upside of 20-80%

In May 2020, the Indian fertilizer industry witnessed sales growth of 25% at 5 mt as compared to 4 mt in May 2019

It seems that nationwide lockdown has not much impacted the fertilizer sector. In May 2020, the Indian Fertiliser industry has witness sales growth of 25% to 5 million tonnes as compared to 4 million tonnes in the same month last year.  Coromandel International and Chambal Fertilisers have seen major sales growth in the sector. The research firm Prabhudas Lilladher is bullish on 5 stocks in the sector and among that they expect stock Insecticides India may see the upside of 82 percent, report dated June 09, 2020.
1/5

It seems that nationwide lockdown has not had much impact on the fertiliser sector. In May 2020, the Indian fertiliser industry witnessed sales growth of 25% at 5 million tonnes as compared to 4 million tonnes in the same month last year. Coromandel International and Chambal Fertilisers have seen major sales growth. The research firm Prabhudas Lilladher is bullish on 4 stocks in the sector, report dated June 09, 2020:

Prabhudas Lilladher is bullish on Insecticides India and has recommended the “BUY” rating on the stock with a target price of Rs 730 from Rs 401, which is upside potential of 82 percent.
2/5

Prabhudas Lilladher is bullish on Insecticides India and has recommended a “BUY” rating on the stock with a target price of Rs 730 from current price of Rs 401, an upside of 82 percent.

The research firm recommended a “BUY” rating on Bayer Cropscience with a target price of Rs 6010 from Rs 4450 | Upside potential 35 percent.
3/5

The research firm recommended a “BUY” rating on Bayer Cropscience with a target price of Rs 6,010 from Rs 4,450 now | Upside potential 35 percent.

The research firm recommended a “BUY” rating on UPL with a target price of Rs 497 from Rs 371 | Upside potential 34 percent.
4/5

The research firm recommended a “BUY” rating on UPL with a target price of Rs 497 from price of Rs 371 at present | Upside potential 34 percent.

The research firm recommended a “BUY” rating on Godrej Agrovet with a target price of Rs 461 from Rs 387 | Upside potential 19  percent.
5/5

The research firm recommended a “BUY” rating on Godrej Agrovet with a target price of Rs 461 from current price of Rs 387 | Upside potential 19  percent.

First Published on Jun 15, 2020 03:58 pm
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