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Buy Chambal Fertilisers & Chemicals, target Rs 171: Dharmesh Shah

ETMarkets.com|
Jan 16, 2018, 08.29 AM IST
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Dharmesh Shah of ICICI Direct has a buy call on Chambal Fertilisers & Chemicals with a target price of Rs 171.

The current market price of Chambal Fertilisers & Chemicals is Rs 157.55.

Time period given by the analyst is 'Intra Day' when Chambal Fertilisers & Chemicals price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 148.

Chambal Fertilisers & Chemicals, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 6,395.03 Crore) operating in Fertilisers sector.

The company's top management includes Mr.Aditya Narayan, Mr.Anil Kapoor, Mr.C S Nopany, Mr.Marco P A Wadia, Mr.Nimesh Nagindas Kampani, Mr.S K Poddar, Mr.Shyam S Bhartia, Ms.Radha Singh.

Company has Price Waterhouse Chartered Accountants LLP as its auditors.

As on 30-09-2017, the company has a total of 416,207,852 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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