GNFC

Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.

Market participants usually opt for mid-cap or small-cap stocks. But, if one fails to pick the right stock, investment in such stocks can result into huge losses

Barring, Chambal Fertilizers & Chemicals, which has shed 19 per cent on YTD basis, most of the other fertilizers stock have logged gains so far in 2022. Deepak Fertilisers has zoomed 148 per cent.

Stocks to Watch Today: Asian Paints, Cipla, Gujarat Gas and Vodafone Idea will be in focus ahead of the Q4 results on Tuesday, May 10, 2022.

Fertilizer shares have been the outperformers so far in 2022, gaining up to 100%; While the bullish sentiment seems overrated, charts indicate continuation of the uptrend.

Gas related stocks are likely to benefit from the price hike on commercial LPG; Charts indicate fresh highs for select shares.

Select stocks have soared more than 50 per cent in the last one month riding the commodity boom.

The stock hit a new high of Rs 604.40, and has rallied 80 per cent in the past six months, as compared to a 6.6 per cent decline on the Sensex.

Coal India, GNFC, Cholamandalam, Fine Organic and Hitachi Energy can easily provide up to 14 per cent upside, indicate charts.

On outlook, GNFC said that the company is in a position to leverage boom in specific products and optimize, both, realization and profits, with flexible and multiple product basket.

The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode

The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern

Achieving its target set early last year, state-owned Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has turned long term debt free. From Rs 8.88 billion of long term debt at the start of the financial year 2017-18, GNFC has paid off the same, turning long term debt free.As per Rajiv Kumar Gupta, IAS, Managing Director of GNFC, the company now plans to reduce its working capital requirements substantially as well. On the back of record production of its toulene di-isocynate (TDI) and non-tdi products and capacity utilisation, coupled with jump in exports, GNFC has posted a 38 per cent growth in its net profit for the fourth quarter ended March 31, 2018 as well as 50.37 per cent in net profit for the fiscal 2017-18. GNFC also registered a profit before tax (PBT) of Rs 11.62 billion, the highest ever among Government of Gujarat companies.The company also crossed the Rs 60 billion revenue mark for the first time.GNFC's Q4 net profit in 2017-18 grew by 37.81 per cent to ..

In past two months, the stock rallied 25% against 6% rise in the S&P BSE Sensex till yesterday.

GNFC, GSFC, Nagarjuna Fertilizers, Zuari Agro Chemicals, RCF and SPIC were up more than 2% on BSE

After the success of its Neem soap and hair oil, it now plans to launch Neem hand wash and shampoo

Its net profit stood at Rs 54.54 crore in Oct-Dec period of the Previous FY

The stock dipped 6% to Rs 208 in intra-day trade, extending its yesterday's 17% fall on BSE.

The stock tanked 20% to Rs 216 on BSE in intra-day trade on back of heavy volumes.