EXCELLENT STOCK TO BUY FOR LONG TERM
SUPER CROP SAFE LTD
Super Crop Safe Limited (SUCROSA) is one of the leading players in Agrochemical Industry
with presence in more than 8 states with 2100+ distributors' network. Company announced its future plans with Q4 results.
Future Plans: Nutraceutical segment is a blooming market in India, with everybody focusing on
their health. This segment includes high demand and high margin products, ultimately the demand
for nutraceutical segment will be very high in coming years. Spirulina has received all the permissions related to manufacturing and marketing. A Spirulina based Energy drink and few other products are at the final stage of development which will help us to enter the new market segment.
The company is planning to set up a technical grade plant for which we have already applied for
the land acquisition and we will be receiving the permission very soon. As soon as we receive the
permission, we will start the plant development work. At present, company holds the 10 technical
grade licenses. The production from this plant will be used for captive use as well as for sale in the
market. This will boost the topline, EBIDTA and PAT massively that will assist your company to
make a new space in the agrochemicals segment.
Recently, Promoters increased their stake through buying shares from open market which is
positive sign. Everyone, whose financial advisor is allowing to trade in this stock for medium to
long term can watch with a stop loss of Rs.22.
0 comments:
Post a Comment