Hi,
If any one is intrested in entering into Stock market and does not have enough capital can look into this Penny Stock. At present it is trading at 7.00 only! i.e at P.E. of 3.83 while industry P.E. is 4.57 and having Book value of Rs.7.74.
The Main Business of the company is sale Fertilizer, However the company has also one leg in Seed Business. As per the Last Annual report of the company the sale of Seed business show a growth over 45%(2012-13) which was nice which led the increase in Net Profit of the Company. Now the interesting fact is that Management is focusing on increase in sale of Seed business and as the percentage of Income Yield in Seed is more than Fertilizer business. This can be noted from the fact that the Industry P.E.of Fertilizer business is 4.57(Fertilizer ind) where as that engaged in seed business is around 27.51!(Taken from Nath Seed & Kaveri Seed). There is one more specialty of this stock i.e. after being a Penny stock it has continuously declared dividend to its share holders, this shows the loyalty of the company towards its Share holders. Being a agriculture related company I assume it to rise mainly near the season of Monsoon.
I would like to disclose that i read article related to this company from other website also and I am discussing this article just for information purpose only. I am not responsible for any kind of loss to any person.
Thanks for reading.
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