Page 2 - Gnfc
Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India
The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern
 "Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India")
Gujarat's GNFC turns long term debt free, posts 51% rise in PAT for FY'18
Achieving its target set early last year, state-owned Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has turned long term debt free. From Rs 8.88 billion of long term debt at the start of the financial year 2017-18, GNFC has paid off the same, turning long term debt free.As per Rajiv Kumar Gupta, IAS, Managing Director of GNFC, the company now plans to reduce its working capital requirements substantially as well. On the back of record production of its toulene di-isocynate (TDI) and non-tdi products and capacity utilisation, coupled with jump in exports, GNFC has posted a 38 per cent growth in its net profit for the fourth quarter ended March 31, 2018 as well as 50.37 per cent in net profit for the fiscal 2017-18. GNFC also registered a profit before tax (PBT) of Rs 11.62 billion, the highest ever among Government of Gujarat companies.The company also crossed the Rs 60 billion revenue mark for the first time.GNFC's Q4 net profit in 2017-18 grew by 37.81 per cent to ..
 "Gujarat's GNFC turns long term debt free, posts 51% rise in PAT for FY'18")
GNFC slips 11% on closure of Dahej plant
In past two months, the stock rallied 25% against 6% rise in the S&P BSE Sensex till yesterday.
Fertilizers shares in focus; GNFC hits new high
GNFC, GSFC, Nagarjuna Fertilizers, Zuari Agro Chemicals, RCF and SPIC were up more than 2% on BSE
 "Fertilizers shares in focus; GNFC hits new high")
Fertiliser major GNFC eyes Rs 500 cr turnover from Neem products
After the success of its Neem soap and hair oil, it now plans to launch Neem hand wash and shampoo
 "Fertiliser major GNFC eyes Rs 500 cr turnover from Neem products")
GNFC Q3 net profit up 22% at Rs 67 cr
Its net profit stood at Rs 54.54 crore in Oct-Dec period of the Previous FY
GNFC extends fall as Dahej TDI plant shut down on precautionary measure
The stock dipped 6% to Rs 208 in intra-day trade, extending its yesterday's 17% fall on BSE.
GNFC tanks over 10% on heavy volumes
The stock tanked 20% to Rs 216 on BSE in intra-day trade on back of heavy volumes.
 "GNFC tanks over 10% on heavy volumes")
