Gujarat State Fertilizers & Chemicals Ltd
GSFC

118.05

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119.15

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Accumulate
Reco. Price
Rs 109.90
We recommend an ACCUMULATE on the stock on the back of improved product mix. Additionally, renewed agricultural activity due to monsoons is expected to drive demand. Stock is trading at P/E of 8.6x its FY17E earnings. (Target Price – Rs.118)
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50 DMA (.)
104.68
100 DMA (.)
96.72
200 DMA (.)
85.75
Weekly Range (.)
107.65
116.45
Monthly Range (.)
102.20
121.50
52 Weeks Range (.)
58.75
121.50
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