New Delhi, Sept. 25 -- A chemical stock, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), has been enjoying healthy buying interest this year despite weak stock market sentiment. GNFC share price ended 0.78% higher at Rs.629.95 after hitting a 52-week high of Rs. 635.85 during the session on the BSE on Friday, 25 September, extending gains for the fourth consecutive session. In these four sessions, the stock has gained nearly 7%.

According to BSE data, the stock has surged 58% in the last six months, while equity benchmark Sensex has declined 2% in the same period. Year-to-date, the stock is up 28% compared to a 13% fall in the Sensex.

Brokerage firm Ventura expects the stock to rise further. It has a target price of Rs.810, imply...