Buy Rashtriya Chemicals & Fertilizers target Rs 120: Kunal Bothra
Buy Rashtriya Chemicals & Fertilizers at a price target of Rs 120 and a stoploss at Rs 95 from entry point.
By ETMarkets.com |
Independent analyst Kunal Bothra has buy call on Rashtriya Chemicals & Fertilizers with a target price of Rs 120.
The current market price of Rashtriya Chemicals & Fertilizers is Rs 102.
Time period given by analyst is intraday when Rashtriya Chemicals & Fertilizers price can reach defined target.
Kunal Bothra recommended to keep stoploss at Rs 95.
Rashtriya Chemicals & Fertilizers, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 5,389.99 crore) operating in Fertilisers sector.
For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 1,560.28 crore, down 29.38 per cent from last quarter Sales of Rs 2,209.36 crore and up 1.50 per cent from last year same quarter Sales of Rs 1,537.20 crore.
Company has reported net profit after tax of Rs 20.55 crore in latest quarter.
The company’s top management includes Mr.Bharatkumar Barot, Mr.G M Inamdar, Mr.Harin Pathak, Mr.Suresh Warior, Mr.Suryanarayana Simhadri, Mr.Sushil Kumar Lohani, Ms.Alka Tiwari.
Company has Kalyaniwalla & Mistry LLP as its auditors.
As on 30-06-2017, the company has a total of 551,688,100 shares outstanding.
The current market price of Rashtriya Chemicals & Fertilizers is Rs 102.
Time period given by analyst is intraday when Rashtriya Chemicals & Fertilizers price can reach defined target.
Kunal Bothra recommended to keep stoploss at Rs 95.
Rashtriya Chemicals & Fertilizers, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 5,389.99 crore) operating in Fertilisers sector.
For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 1,560.28 crore, down 29.38 per cent from last quarter Sales of Rs 2,209.36 crore and up 1.50 per cent from last year same quarter Sales of Rs 1,537.20 crore.
ADVERTISEMENT
Company has reported net profit after tax of Rs 20.55 crore in latest quarter.
The company’s top management includes Mr.Bharatkumar Barot, Mr.G M Inamdar, Mr.Harin Pathak, Mr.Suresh Warior, Mr.Suryanarayana Simhadri, Mr.Sushil Kumar Lohani, Ms.Alka Tiwari.
Company has Kalyaniwalla & Mistry LLP as its auditors.
As on 30-06-2017, the company has a total of 551,688,100 shares outstanding.
ADVERTISEMENT
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
