Q: I did slightly increase this position.. Is there still a potential though for this Cie and fertilizers, considering world demand , and Cie financials, would you consider a better option in the sector,a hold,buy or a sell ? many thanks
5i Research Answer:
We like NTR’s prospect for a recovery potential at the current level and would consider it the best in the sector right now. NTR’s revenue is expected to recover starting in FY2025: Revenue growth is expected to be around 3%. NTR is a decent player in the fertilizer industry with a track record of good execution and capital allocation. We would be comfortable to add NTR at the current price.