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Saturday, 6 January 2018

NFL - Giving value

NFL is a chemical and fertyliser producer. Now in focus as govt allowed methenol mixing in petrol. Co also producer of methonel  out of 3 co. Govt holding 89% holding, sales 7000cr while mktcap 3700 cr., bookvalue37, co has reduced debt on balance sheet, co posses 784 acre land in chambur , its mkt value approx 47000 cr., in  Future co monetize this land and unlock the value, now at record high mkt all stocks are expensive but this stock available at good.price. at 75-77 stock is attractive.for medium to lonf term.

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