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    Buy Gujarat Narmada Valley Fertilizers & Chemicals, target Rs 510: Kunal Bothra

    Synopsis

    Buy Gujarat Narmada Valley Fertilizers & Chemicals Ltd at a price target of Rs 510 and a stop loss at Rs 470 from entry point.

    ETMarkets.com
    Independent analyst Kunal Bothra has a buy call on Gujarat Narmada Valley Fertilizers & Chemicals Ltd. with a target price of Rs 510.0 . The current market price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is Rs 486.15. Time period given by the analyst is Intra Day when Gujarat Narmada Valley Fertilizers & Chemicals Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 470.

    Gujarat Narmada Valley Fertilizers & Chemicals Ltd., incorporated in 1976 is a mid-cap company with a market cap of Rs 7555.68 crore.
    Gujarat Narmada Valley Fertilizers & Chemicals Ltd. key Products/Revenue Segments include Chemicals which contributed Rs 3061.65 Crore to Sales Value (61.91 % of Total Sales), Fertilizers which contributed Rs 1685.12 Crore to Sales Value (34.07 % of Total Sales) and Others which contributed Rs 198.04 Crore to Sales Value (4.00 % of Total Sales)for the year ending 31-Mar-2017.

    For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 1764.37 Crore, up 10.90 % from last quarter Sales of Rs 1590.89 Crore and up 46.61 % from last year same quarter Sales of Rs 1203.42 Crore Company has reported net profit after tax of Rs 328.98 Crore in latest quarter.

    The company’s top management includes Dr.J N Singh, Dr.Rajiv Kumar Gupta, Mr.C S Mani, Mr.Piruz Khambatta, Mr.Sunil Parekh, Mr.V D Nanavaty, Mrs.Mamta Verma, Prof.Arvind Sahay. Company has SRBC & Co LLP as its auditoRs As on 31-03-2018, the company has a total of 155,418,783 shares outstanding.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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