Top Stocks to Buy before Budget 2012


5. GSFC (Gujarat State Fertilizers and Chemicals Limited)

LKP Advisory is very bullish about GSFC (Gujarat State Fertilizers and Chemicals Limited), stating that its current market price is 395. Buying this stock would fetch a return of 19 percent.

Gujarat State Fertilizers & Chemicals Limited is an India-based company operates in two segments: Fertilizer products and Industrial products. Fertilizer products include urea, ammonium sulphate, di-ammonium phosphate, ammonium phosphate sulphate, and traded fertilizer products. Industrial products include caprolactam, nylon-6, nylon filament yarn, nylon chips, melamine, polymer products, traded industrial products. The Company has a soil and water testing laboratory. It undertakes testing of soil quality to determine deficiencies, including micronutrients and soil amendments like gypsum. A mobile soil testing-cum-audio-visual van is also being operated to provide soil and water testing services at the doorstep of the farmers. It is engaged in banana tissue culture in the State of Gujarat, is providing banana tissue culture plants to the farmers. It also produces and markets biotech products.

Its average volume traded is 76,778. Its 52 week high value is 504.10 and 52 week low value is 322.15.