Chambal Fertilisers & Chemicals

(Reuters) - India's Chambal Fertilisers and Chemicals Ltd reported a near 26% slump in quarterly profit on Tuesday after a weak demand due to erratic monsoon led to a pile-up of unsold stock.

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The derivative analyst from HDFC Securities recommends buying CHAMBAL FERT March 400 CALL at Rs 13.50 & simultaneously selling 420 CALL at Rs 7.50.

The derivative analyst from HDFC Securities recommends buying December 400 Call and selling 430 Call based on the following four rationales.

The technical & derivative analyst from HDFC Securities recommends buying Chambal Fertilisers and Info Edge

Analysts at Sharekhan expect high double-digit earnings growth for agri input companies over the next couple of years

The stock surged 11% to Rs 64.50 after the company said its promoter, The Hindustan Times increased stake via open market purchase.