The heightened activity in fertiliser stocks also comes ahead of Union Budget 2024. This is a general trend as the buzz around fertiliser subsidy gets stronger ahead of Budget.
Ashwani Gujral of ashwanigujral.com is of the view that Jubilant Food is likely to rally to Rs 2,350 while NIIT Technologies may test Rs 700.
Edelweiss is bullish on Deepak Fertiliser has recommended buy rating on the stock with a target price of Rs 438 in its research report dated August 16, 2017.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Axis Bank, NMDC and Deepak Fertiliser and can sell Bank of India and VA Tech Wabag.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Engineers India, NMDC and Deepak Fertiliser and can sell Godfrey Phillips and Mindtree.
Ashwani Gujral of ashwanigujral.com suggests buying PVR, Deepak Fertiliser and Grasim Industries.
Rakesh Bansal of R K Global advises buying EID Parry with a target of Rs 319.
Deepak Fertiliser on June 13 said Ministry of Chemicals and Fertilizers has agreed to release about Rs 485 crore outstanding subsidy payment to the company
Emkay is bullish on Deepak Fertiliser and has recommended buy rating on the stock with a target price of Rs 204 in its research report dated January 21, 2016.
Edelweiss is bullish on Deepak Fertiliser and has recommended buy rating on the stock with a target price of Rs 173 in its research report dated January 21, 2016.
ITC | ICICI Bank | Coal India | Cairn India | Hindustan Zinc | Power Grid | Infosys | SKS Microfinance | Deccan Chronicle | Unichem Labs | Idea Cellular | Biocon | Tata Sponge Iron | Atul | Essar Shipping | JK Tyre | Thomas Cook | Monsanto India and Rane Engine are stocks, which are in the news today.
Spicejet | Reliance Power | United Breweries | Glenmark Pharma | GSK Consumer | Jet Airways | Unitech | Mangalore Chemical | Deepak Fertiliser | ING Vysya Bank | DLF | IOC | Kingfisher Airlines | MphasiS | Garware Wall | Lupin and Alstom T&D are stocks, which are in the news today.
Fertiliser shares rallied on Friday after the government approved a new policy to encourage investment in urea manufacturing, in a move seen expediting USD 6.5 billion in projects that have been held back.
Shares of fertiliser companies gained 1-5 percent on Thursday as the Cabinet Committee on Economic Affairs (CCEA) is expected to approve a new urea investment policy today that is likely to incentivise fertiliser firms setting up new plants and expanding existing capacity.
Emkay Global Financial Services has come out with its report on agri inputs and chemical. The research firm says remain cautiously optimistic on the outlook for agri-input companies. Tata Chemicals and Deepak Fertiliser remain top picks due to attractive valuations.
Emkay Global Financial Services has come out with its report on agri input & chemicals sector. The research firm is cautious on the sector. Deepak Fertiliser & Tata Chemicals are the top picks in the agri space due to attractive valuations.
PINC Research has come with its quarterly earning estimates for fertiliser sector.
Deepak Fertiliser has announced its second quarter results. The company's Q2 net profit was up at Rs 54 crore versus Rs 41 crore.
KR Choksey has come out with its earning estimates on fertiliser sector for the quarter ended September 2011. According to the research firm, Deepak Fertiliser September quarter sales are expected to go up by 33% at Rs 538 crore, year-on-year (YoY) basis.
PINC Research has come out with its earning estimates on fertiliser sector for the quarter ended September 2011. According to the research firm, Deepak Fertiliser September quarter net revenue is expected to go up by 18.8% at Rs 482.2 crore, year-on-year (YoY) basis.
In an interview to CNBC-TV18, Sharmila Joshi of Fairwealth Securities; Sanjay Vaid of SBI Capital Securities and Jagannadham Thunuguntla, Head of Research, SMC Global, share their stock strategies for intra-day trade.
PINC Research has come out with its earning estimates on fertiliser sector for the quarter ended March 2011. According to the research firm, Deepak Fertiliser March quarter sales are expected to go up by 24.5% at Rs 403.2 crore, Year-on- Year, (YoY) basis.
Deepak Fertiliser has declared its third quarter results. The company's Q3 net profit was down at Rs 40.3 crore versus Rs 52.9 crore.
In a chat with CNBC-TV18's Reema Tendulkar and Sonia Shenoy, Phani Sekhar, Fund Manager, Angel Broking gives his fundamental view while Rahul Mohindar, viratechindia.com, gives his technical view on various stocks/sectors.