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Monday, August 27, 2007

INVESTMENT PICK : AGRO DUTCH INDUSTRIES LTD.

Hi friends,

Presenting a gem of an investment opportunity for patient investors: Agro Dutch Ind Ltd. Agro Dutch is a premier packaged mushroom producer in the country and exports its products to many countries across the globe. The current valuations of the stock are mouth-wateringly cheap. The first quarter eps jumped from 1.37 last year to 2.89 in the current year. With projected eps of rs.10 plus for 2007-2008 fiscal, this stock trades at a PE of a mere 2.5 approx. at current price. The promoters of the company have added 4% shares to their kitty from June 2006 to June 2007. This stock can easily go over 50 rs. within a one year time frame. Strong BUY rating.

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