Gujarat State Fertilizer & Chemicals, incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 7250.30 Crore) operating in Fertilisers sector.
Stock picker’s market: Porinju Veliyath’s checklist for buying a stock
Porinju Veliyath, Founder, Equity Intelligence India, believes that only companies that share their wealth with their minority shareholders create market capitalisation. He considers a company's market opportunity and the potential for growth, profitability and valuation, as well as the quality of the management and promoter's track record before deciding to invest. Veliyath is bullish on the potential of smaller companies, especially those perceived to change cultural attitudes toward governance and effective management. He also finds value in oil marketing companies and PSU stocks, which are set to make huge cash flows in the next 10-20 years.
Big Movers on D-St: What should investors do with KEI Industries, Ipca Laboratories and GSFC?
The Indian market closed higher on Wednesday, with S&P BSE Sensex up over 150 points and Nifty50 above 17800 levels. The buying was seen in realty, capital goods, telecom, and power sectors but selling was visible in metals, oil & gas, energy, and healthcare sectors. KEI Industries stock surged up to 5.78% intraday and GSFC shares gained over 20%, while IPCA Laboratories stock fell more than 5% following investors' negative reaction to the company's purchase of a 33% share in Unichem Laboratories. Equity Research, CapitalVia Global Research recommends avoiding the latter stock and buying KEI and GSFC shares.
Gujarat defines a dividend formula, state PSUs surge
"The policy is favourable for the shareholders, especially the minority ones," said Nilesh Shah, managing director, Kotak Mahindra AMC. "It gives predictability and clarity to shareholders on how a company will distribute dividends or issue bonus shares."
Gujarat State Fertilizers & Chemicals tops Nifty500 with 18% gains. Is the rally sustainable?
On an intraday basis, GSFC hit a high of Rs 151.70, the highest level since December 16 last year, while if it closes above the Rs 150 level, then that would be the highest since September last year.
FM Nirmala Sitharaman visits NASA's Goddard Space Flight Center in Greenbelt, Maryland
Nirmala Sitharaman was given presentations about various activities at NASA Goddard by Dr Makenzie Lystrup, Director of NASA's Goddard Space Flight Center, Ray Rubilotta, Associate Center Director at NASA Goddard and Dr Michelle Thaller, Astrophysicist.
Stock_name : Gujrat State Fertilizer & Chemicals (GSFC)
Time_Frame : 1 Day
Ish stock ko frontpage pe practice k liye de raha hoon , kyuki isme future and options vaise bhi hai nahi toh sell nahi kr skte aur intraday pe sell krne ka koi faiyda hai nahi 1 day time-frame mein
On Wednesday, National Fertilizers, Rashtriya Chemicals and Ferilizers, GSFC and Deepak Fertilizers soared 7-16% on the BSE. The Sensex ended almost unchanged over the previous day. The mid-cap index gained 0.2% and the small-cap index rose 0.45%.
Buy Gujarat State Fertilizer & Chemicals, target price Rs 158 : ICICI Direct
Within the Fertilizer stocks we remain constructive on GSFC which the brokerage expects to outperform as it has generated a breakout above the falling supply line joining the highs of Apr22 (|198) and Aug22 (|171), signalling resumption of up move and offers fresh entry opportunity.
GSFC is one of the best fertilizers and chemicals stock ignored by investors. At Rs. 130, it quotes at a PE multiple of just 4.5 against the industry average PE of 12.86 and quotes below its book value of Rs. 296
Hot Stocks | GSFC, Indoco Remedies, Balaji Amines can fetch 10-18% return in short term. Here's why
Indoco Remedies has broken out from the consolidation with jump in volumes. It has also broken out from downward sloping trendline on the weekly charts.
Big Movers on D-St: What should investors do with Eicher Motors, GSFC and HDFC Bank?
Stocks in focus include names like Eicher Motors which hit a fresh 52-week high, GSFC which rose more than 14 per cent, and HDFC Bank which closed with gains of over 2 per cent on Friday.
Argument - Stock given breakout of its Oct'2017 high with good volume and then retraced to its previous low and bounced from there, backed by superb quarterly results (chart attached)
FPIs raise their holdings in 30 of the 50 listed PSUs
Foreign portfolio investors' (FPIs) stake in National Aluminium increased from 13.30% to 16.71% between January and June, while in Hindustan Aeronautics, their stake rose from 3.15% to 5.56%. In Oil India, FPIs increase their stake from 10.11% to 12.42%. Similarly, these investors increased their stake in RCF, BEML, Chennai Petro, Engineers India, Shipping Corporation, Bharat Dynamics, and Mazagon Dock, among others.
GSFC shuts down urea-II plant for safety; to face production loss of 10,400 tons neem urea
"Urea-II plant was operating normally at 105 per cent with Titanium MOC lined high pressure Urea Reactor (XUR-101) in service. On 16th July 2022 night shift, the leakage in the bottom thermo well of Urea Reactor (XUR-101) was noticed. "The required actions of safe plant shut down were immediately taken," the regulatory filing said.
Big Movers on D-St: What should investors do with EID Parry, GSFC and MRPL?
Stocks that were in focus on Tuesday included EID Parry, which rallied more than 17 per cent, GSFC which also rose more than 17 per cent, and MRPL which surged by 10 per cent.
⭐️Target 1 achieved in GSFC. Gain of 21% Target 2 is ON..⭐️
Breakout chart as well as follow up chart added for reference. Charts are self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.