Gujarat State Fertilizers & Chemicals Ltd
GSFC

128.25

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128.10

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Accumulate
Reco. Price
Rs 117.50
We recommend ACCUMULATE on the stock on the back of improved product mix. Additionally, renewed agricultural activity due to monsoons is expected to drive demand. The stock is trading at a P/E of 11.7x on FY18E earnings. (Target Price – Rs.127)
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50 DMA (.)
119.76
100 DMA (.)
111.12
200 DMA (.)
95.74
Weekly Range (.)
118.30
129.80
Monthly Range (.)
113.90
131.75
52 Weeks Range (.)
66.85
131.75
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