NFL - 50% RETURNS!!!

CMP - Rs. 86
Target - 1: Rs. 108
Target - 2: Rs. 130
Technicals -
1) Price-Volume analysis supported by the cup and handle chart pattern breakout.
Fundamentals -
1) Financial Performance:
In the fiscal year 2020-21, National Fertilizers Limited reported a consolidated net profit of INR 1,288 crore, an increase of 123% compared to the previous fiscal year. The company's revenue increased by 16.44% to INR 11,118 crore in the same fiscal year. National Fertilizers Limited has a current market capitalization of approximately INR 6,462.44 crore.

2) Future Prospects:
The Indian fertilizer industry is expected to grow in the coming years, driven by increasing demand from the agriculture sector. National Fertilizers Limited is well-positioned to take advantage of this growth, given its strong market presence and reputation in the industry. The company has also been investing in capacity expansion and modernization to stay competitive.
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