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GNFC extends gains, Ventura sets ₹810 target after 58% 6-month surge

The stock closed at ₹629.95 on Sept. 25 on the BSE, after hitting a 52-week high of ₹635.85, and Ventura placed a stop-loss at ₹528.

Reported · Written up by our desk · Asia

Gujarat Narmada Valley Fertilizers & Chemicals, or GNFC, continued its streak on the BSE, closing up 0.78% at ₹629.95 on Friday, Sept. 25 after reaching a 52-week high of ₹635.85.

LiveMint Markets said the shares have gained more than 55% in the past six months, with the stock up 58% over that period, while the Sensex declined 2%. Year to date, GNFC is up 28% versus a 13% fall for the Sensex.

Ventura highlighted the stock’s technical setup, noting the downtrend began after the June 2024 high of ₹776.60, when GNFC breached the 200-day simple moving average and traded below key averages before falling to a low of ₹365 in March 2026.

LiveMint Markets reported Ventura expects further upside, setting a target price of ₹810 and a stop-loss of ₹528, with the target implying 28.6% upside from GNFC’s Sept. 25 closing price.

Latest closeSensex 73,580.54 ▼1.7%

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