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Gujarat Narmada Valley Fertilizers stock climbs to 52-week high as brokerage eyes more gains

Reported by Manish Reddy (Senior Writer) · Livemint - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Gujarat Narmada Valley Fertilizers stock climbs to 52-week high as brokerage eyes more gainsRepresentative image · Wikimedia Commons

Market Gains

Gujarat Narmada Valley Fertilizers and Chemicals share price rose 0.78 percent to close at 629.95 rupees on Friday, September 25, on the BSE. During the session, the stock hit a new 52-week high of 635.85 rupees. This marks four days of straight gains, with the stock moving up nearly 7 percent over this period. Over the last six months, the stock has surged 58 percent while the Sensex dropped 2 percent. So far this year, the stock is up 28 percent compared to a 13 percent fall in the Sensex.

Brokerage Outlook

Brokerage firm Ventura expects the stock to go up further. It has set a target price of 810 rupees, which points to a 28.6 percent upside from the September 25 closing price. The firm also suggested a stop-loss limit of 528 rupees. Ventura noted that the stock previously fell from a June 2024 high of 776.60 rupees to a low of 365 rupees in March 2026. After that low point, buying picked up and the stock climbed back up. Technical indicators like the MACD, Aroon, and Williams Per cent Range now point to positive momentum, and the stock is trading above its 200-day simple moving average.

ESG Ratings

In company filings made on September 22, Gujarat Narmada Valley Fertilizers and Chemicals shared its latest environmental, social, and governance scores. SES ESG Research Private Limited gave the company an adjusted score of 67, placing it at medium risk with a grade B based on fiscal year 2026 data. This is an improvement of 0.8 points over the previous year. Separately, in a filing on September 23, CRISIL ESG Ratings and Analytics Limited gave the company a score of 55 under the adequate category.

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