ARIES AGRO - MULITBAGGER 2 yrs time frame -Target 300 Rs 2 yrs timeframe Medium term
ARIES AGRO - MULITBAGGER 2 yrs time frame -Target 300 Rs 2 yrs timeframe Medium term
- ARIES AGRO was started in 1969 by Mr Mirchandani.The company is focused on manufaturing Micronuetrients which are used in agriculture and farming.
- The company is specialized in micronutrients and thier product "Chelates" are widely used in India and Abroad.
- The company has a strong R&D team and has produced new products such as bactericides and other fertilizers such as Suplur,Potasioum and Calcium.
- The company has numerous awards under its belt including the "FMCG Food &Agri Business Year 2008"
- Sales of the company has increased 40% and debt also has started reducing and we see the company turning around in days ahead.
- There profit also has increased by 30 % and we expect this company to be the best agro company in coming years.
- We recommend a BUY 2 yrs time frame with a target of 300 Rs 2 yrs time-frame.
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