Chambal Fertilisers shares hit 52-week high for 5th straight day; should you buy the stock now?

Chambal Fertilisers share price, Chambal Fertilisers buyback, Chambal Fertilisers share price target: Chambal Fertilisers and Chemicals (CHAMBLFERT) shares jumped to a fresh 52-week high on Thursday, after reaching the milestone in the past four back-to-back sessions, after the fertiliser manufacturer said its board will meet on January 8 to consider a stock buyback plan. The stock finished Rs 0.75 or 0.19 per cent lower at Rs 385.95 on NSE.  

Chambal Fertilisers share price target: Here's what analyst recommend 

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Vikas Sethi of Sethi Finmart and Kunal Saraogi of Equityrush each recommended a ‘buy’ call on the counter. Read more 

Sethi placed his target for the stock at Rs 450 with a stop loss at Rs 380. Saraogi suggests buying Chambal Fertilisers shares for targets of Rs 397 and Rs 405 with a stop loss at Rs 384. 

Chambal Fertilisers share price history 

Chambal Fertilisers shares have risen nearly 25 per cent in last year, outperforming a 20 per cent rally in the headline Nifty index. 

Catch the latest stock market updates here. For all other news related to business, politics, tech and auto, visit Zeebiz.com.