Dhanuka Agritech - Mulitbagger Trgt 450 2 yrs time frame

Dhanuka Agritech - Mulitbagger Trgt 450 2 yrs time frame

• Dhanuka Agritech Limited manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, miticides.
• Its unique business model help FII who want to enter the indian market an ideal partner.
• Its strong product pipeline and and various tierup with compaines in US and japan will help growth.
• Thier ROE is at 26 % which is one of the highest in the industry.
• With strong 15 to 20% yoy growth this is one of the best vauled company in india.
• With the PE of just under 10, we esxpect the comapny to reach 450 Rs in 2 years time frame.

One can Buy with Trgt 450 2 yrs time frame.

FII data till July 2013

FII data till Jul 2013

FII sold 280 crores on Friday May 24

• FII sold 280 crores on Friday May 24
• So we hold a negative outlook on Monday
• With the Monday holiday for US , we don't see much action.
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Govt revises consolidated guidelines for FDI

• Seeking to simplify the foreign investment regime, government on came out with the revised guidelines on FDI.

• The guidelines included policy changes in sectors like single brand retail, asset reconstruction companies (ARCs), power exchanges, civil aviation, broadcasting and non-banking financial companies (NBFCs).

• The government made these changes in the sixth edition of the Consolidated FDI Policy Circular, a ready reckoner on foreign investment-related regulations that is effective from April 5

•  The government also allowed foreign airlines to pick 49 per cent stake in the cash-strapped domestic carriers.

• Similarly, it has raised FDI cap to 74 per cent in various services of the broadcasting sector. The foreign investment ceiling in ARCs has also been increased to 74 per cent from 49 per cent, a move aimed at bringing more foreign expertise in the segment.

• It has said that the total shareholding of an individual FII in an ARC shall not exceed 10 per cent of the total paid-up capital.