RCF best stock in fertiliser pack: Sharyans Resources

In a chat with ET Now, CK Narayan, President Treasury, Sharyans Resources, shares his views on the outlook of Fertiliser stocks.

Fertiliser stocks were among the gainers yesterday. What is your thought on this?

Fertiliser stocks had some bit of news to which they seem to have reacted. They all had their share of run earlier in the weeks. They had also seen a strong sell off. So, the sort of rise that you are seeing is something of a rally. Having said that, I also believe that the momentum is with the fertiliser pack and among them, RCF would probably qualify among the best. It has this additional kicker of having that land story, etc. So, I would concentrate on RCF and probably look at may be Chambal, which is very widely traded in the futures.