Sell Gujarat State Fertilizer & Chemicals, target Rs 121: Dr CK Narayan

Sell Gujarat State Fertilizer & Chemicals Ltd. at a price target of Rs 121.0 and a stop loss at Rs 134 from entry point.

Dr CK Narayan of Chart Advise has a sell call on Gujarat State Fertilizer & Chemicals (GSFC) with a target price of Rs 121.

The current market price of Gujarat State Fertilizer & Chemicals is Rs 128.85.

Time period given by the analyst is 'Intra Day' when Gujarat State Fertilizer & Chemicals price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 134.

Gujarat State Fertilizer & Chemicals, incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 5,134.38 Crore) operating in Fertilisers sector.

The company’s top management includes Dr.J N Singh, Mr.A M Tiwari, Mr.Ajay N Shah, Mr.Anil Mukim, Mr.D C Anjaria, Mr.Sujit Gulati, Mr.Vijai Kapoor, Mrs.Geeta Goradia, Prof.Vasant P Gandhi.
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Company has T R Chadha & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 398,477,530 shares outstanding.
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