Rallis India top pick in fertilizers: Anand Rathi Fin services

In an interview with ET Now, AK Prabhakar, Senior Vice-President Equity Research, Anand Rathi Financial Services, gives his views on fertilizers.

ET Now: What about sugar and fertilizers?

AK Prabhakar: Sugar is one we normally avoid because it is politically very sensitive. Due to elections and other reasons now, the government has different policies at different point of time, but fertilizer yes we like Rallis India, Gujarat State Fertilizer Corporation, Coromandel International and even Chambal Fertilizer. But Rallis India is our top pick and we have a target of 168 for the stock.