Gujarat State Fertilizer & Chemicals Ltd., incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 4656.21 Crore) operating in Fertilisers sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1809.44 Crore, down -17.09 % from last quarter Total Income of Rs 2182.43 Crore and down -3.47 % from last year same quarter Total Income of Rs 1874.49 Crore. Company reported net profit after tax of Rs 151.63 Crore in latest quarter.
Investment Rationale
With a sustained move above its short-term averages, an intraday decline found renewed buying interest. Sustenance above Rs 115 could lift the stock towards its June high.
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