Buy Chambal Fertilizers, target price Rs 408: Stratzy

Stratzy issued a bullish recommendation for Chambal Fertilizers on April 1, advising investors to buy the stock at its current market price of Rs 355.7. Analysts at the firm identified potential upside in the stock and set a target price of Rs 408, representing a potential gain of over 14%. The buy call is based on positive factors such as the company's strong financial performance, favorable market dynamics, and optimistic industry outlook.

About Chambal Fertilizers:

Chambal Fertilizers and Chemicals Limited (CFCL), listed on the National Stock Exchange (NSE), is a leading fertilizer company in India. It manufactures and distributes urea, di-ammonium phosphate (DAP), and other NPK fertilizers. The company has a production capacity of 4.4 million tonnes per annum of urea and 1.2 million tonnes per annum of DAP. CFCL has a strong presence in the domestic market and also exports its products to neighboring countries. The company is committed to providing high-quality fertilizers at affordable prices to farmers.

52 Week Price Trend:

Chambal Fertilizers' current market price (CMP) of Rs 355.7 falls within its 52-week price range of Rs 248.4 to Rs 402.9. After reaching a high of Rs 402.9, the stock has experienced a decline. However, it remains above its 52-week low, indicating potential for recovery. Investors may consider monitoring the stock's performance and assessing the company's fundamentals to make informed trading decisions.

Stratzy's MOST Analysis:

CHAMBLFERT's MOST rating of BB- indicates medium fundamental risks. The framework evaluates management, outlook, safety, and trend. The stock received a rating in the "BB" range, indicating moderate concerns. This suggests that CHAMBLFERT may face potential challenges or uncertainties in one or more of these areas, such as operational efficiency, earnings stability, or industry headwinds. Investors should carefully consider these risks before making investment decisions.

Company's Fundamentals:

Chambal Fertilizers (NSE: CHAMBLFERT) is a company listed on the National Stock Exchange of India (NSE). Its key financial ratios are: - Stock PE (Price-to-Earnings Ratio): 11.68 indicates that the company's current share price is 11.68 times its annual earnings per share. - PB Ratio (Price-to-Book Ratio): 1.93 suggests that the company's market value is 1.93 times its book value. This implies that the company's assets are valued higher than its liabilities. - Dividend Yield: 2.1% indicates that the company's dividend payout to its shareholders is 2.1% of the current market price of the stock. This provides investors with a steady income stream.

Fundamental and Technical information provided in this blog were last updated on 30 Mar, 2024

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