Friday, December 28, 2007

MONSANTO INDIA (BSE: 524084)

CMP: 1941
TGT: 3900+
Duration: 1 year

Monsanto India is well-placed within the crop protection industry to capitalize on these opportunities. The company's focus on herbicides, an under-penetrated market, could drive revenue growth, at a time when insecticide off take looks set to decline.

The hybrid seeds business is in the nascent stages and offers high growth potential. There is also considerable potential for the company to grow its earnings through cost savings. The company's rock-solid balance sheet, uninterrupted track record of double-digit profit growth, zero debt and robust return numbers are other comfort factors associated with the stock.

The company's equity share capital is 8.63 cr whereas its reserves has added on to a whooping 366.34 crores. There are very high chances of bonus or split.
MUST BUY!!!

1 comments:

PagalPanchi said...

made a high of 2295!!!