Buy Coromandel Fertilizer and Rashtriya Chemicals and Fertilizers: Deepak Mohoni

ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com, on fertilizer stocks.

On the charts the fertilizer stocks urea players the likes of RCF for example?

Fertilizer as a pack all of them not just RCF have been pretty strong. The momentum is with Chambal more than the other stocks but the sector is moving up quite sharply. Coromandel Fertilizer which was the best performer during the last bull market is already sort of retained its place from a long term perspective so that is going pretty well. There is good demand for it and fairly early in the bull market and nothing to do with budgets of course so this may be a fairly sustainable move.