National Fertiliser Ltd (Rs.29.70): Buy 

Short Term targets:Rs. 37/41. 

Triggers:

• The company has a subsidy outstanding of
  
  around Rs.5000 crore as of 31st March, 2019. Interestingly, subsidy inflow has started from April,  2019, which will reduce the borrowings. Rs.5000 crore upholstery of the topline would definitely take the scrip to new levels, 
• The company achieved a record sales of  27 Lakh tonnes during the 1st half of the current fiscal. 
• The NDA government's Kissan Samman Nidhi scheme, would be indirectly positive for National Fertiliser Ltd.It has diversified into seeds and ageo chemical business. Interestingly, it was manufacturing and selling urea till 2014/15, but it is now into DAP,  NPK and MoP products. 
• It is investing Rs.1000 crore in energy saving schemes,  that are being implemented in all the company's five plants.
• The dividend yield of the shares of the company is Rs.6.90%, while the book value of the shares of the company is Rs. 45.23.