Paras_gujjar

AGRICULTURE STOCK - 2

Long
NSE:IPL   INDIA PESTICIDES LTD
After Dhanuka I see myself interested in this stock especially after the budget drama ..
The company is actively involved in the Research and development..

Cmp 405
Sl can be placed below 300
TGT 500-700++

Pros:
Increasing FII stakes
Increasing Profit from the last quarter
Good buisness model

Cons:
High PE ratio
Low promoter holdings

Note : This is my own views on the mentioned stock and i don't advice to buy or sell with me .. Do your own research and the. Decide its just for learning purpose 🙂
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