New Delhi: Stock market expert, Sharad Mishra, initiated Buy call on 2 fertiliser stocks for Deepak Fertilisers and GNFC. Mishra gave the share target price recommendations and stop loss for these stocks. He gave these recommendations on the Money9 show Chunk Chun Ke.
Deepak Fertilisers share price target
The stock market expert gave Deepak Fertilisers a share target price of Rs 850 apiece. He has advised investors to keep a stop loss at Rs 550 per share. He gave this target for December this year. Mishra shared another share price target on the counter for long-term investors. Investors can buy the scrip for Rs 920 per share, he added. On Thursday, June 20, 2024, Deepak Fertilisers’ share price closed 12 per cent higher at Rs 727 apiece on the Bombay Stock Exchange (BSE).
Deepak Fertilisers share price has rallied 21 per cent in the past 5 days
The stock zoomed 31 per cent in the past 1 month
The fertilizer stock is up 10 per cent in the past 6 months
Deepak Fertlizers’ share price was given returns of 26 per cent in the past one year
The stock’s 52 Week High is Rs 750 per share
GNFC share price target
On GNFC share price, Mishra gave a share target price of Rs 800 apiece. The fertiliSer stock closed 10 per cent higher at Rs 765 apiece on the BSE on Thursday. Mishra said he has given this target on the scrip for December, this year.
The stock zoomed 11 per cent in the past five days
The stock rallied 13 per cent in the past 30 days
The fertilizer stock was up seven per cent in the past six months
GNFC’s share price was up 30 per cent in the past one year
As per Thursday’s closing price, the stock is 6 per cent below its 52-week high of Rs 814 apiece.
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