Chambal Fertilizer : Buy at CMP of 61 Target price 80 in one year

Chambal Fertilizer is Birla Group company growing at a good pace. A consistent dividend of 19% for last year results in dividend yield of 3%.

Stock is available at PE multiple of 7-7.5 which is cheap,

Long term investor may hold and new investor can safely enter in the stock for 18-20% yearly return from current levels.

SAFE BUY.....................