Time period given by analyst is Intra Day when Chambal Fertilisers & Chemicals Ltd. price can reach defined target.
Chambal Fertilisers & Chemicals Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 15790.93 Crore) operating in Fertilisers sector.
Chambal Fertilisers & Chemicals Ltd. key Products/Revenue Segments include Fertilisers and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 4495.93 Crore, up 26.75 % from last quarter Total Income of Rs 3547.01 Crore and up 11.31 % from last year same quarter Total Income of Rs 4039.15 Crore. Company reported net profit after tax of Rs 425.38 Crore in latest quarter.
Investment Rationale
With sustained move above the 50-day average, the stock has formed multiple bullish candles. Positive follow-up action above 380 could lift the stock till the 400 zone.
Promoter/FII Holdings
Promoters held 60.39 per cent stake in the company as of 30-Sep-2021, while FIIs owned 11.42 per cent, DIIs 13.18 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
