Generally fertilizer stock attracts buying before budget and if it happens then this stock may run up to 68 but stop loss may be kept at 54 instead of 58 because in a volatile market stoploss of 58 may click any time.
It is ensuring continuous ammonia supply for its fertilizer and chemical business within 6 months. It has commissioned storage tanks also for the same.
It is currently operating in 3 segments : Fertilizer, Chemical and Speciality Mall.
DFPCL manufactures Methanol, various grades of Nitric Acid, Iso Propyl Alcohol, Carbon dioxide and Hydrogen. It is the largest producer of Iso Propyl Alcohol in India and its products are benchmarked against the best in the world with world class manufacturing and quality standards
Moving from fertilisers to being a complete provider of nutrients to the Indian farmer, its Mahadhan Saarrthie Centres reach out to nearly 5000 farmers across Western India. The Mahadhan and Bhoodhan brands are among the best known fertilisers in the country. DFPCL markets its products through a network of over 1000 dealers.
Deepak Fertilizer has the ability to become mid cap stock within 2 years.
In today`s edition of The Economic Times, there is an article on Deepak Fertilizers with a caption -- Deepak Fertilizers generating healthy cash flows.
It contains many points which I wrote on 20th February 2009. What a coincidence? Or something else?
| NIFTY 
