ruelfernandes

CHAMBLFERT - Result factor

Long
NSE:CHAMBLFERT   CHAMBAL FERTILISER
Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants.

52nd week High/Low: 516/261
Market Cap: 12817cr
ROCE: 23.4%
PE Ratio: 9.90
Debt to Equity: 1.02

Sales - UP
Sep 2021: 4479
Jun 2022:7291
Sep 2022: 8587

Net Profit - DOWN
Sep 2021: 506
Jun 2022: 342
Sep 2022: 274

EPS - DOWN
Sep 2021: 12.16
Jun 2022: 8.21
Sep 2022: 6.59

Buying Range: 304 - 293
If price moves up from current level 311 would be a good price to get into this counter, keeping a stop below 293.
One can look for a Target of 366 in the short term.
The stock had hit its 52nd week low on 01.07.2022 before reaching the levels of 366.
Since then the stock has witnessed a selling pressure making it an attractive option to buy at support levels.

EMA 200:344.60
EMA 100: 335.60
EMA 50: 327.40
EMA 20: 323.40
EMA 9: 321.14

CMP: 308.05
Another factor that could give a strong reversal.

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