Hello Uday. Thanks for your comments. First of all I wanted to buy something in Agro chemical space as it’s going through headwinds. I’ve looked at Best agro life as well, and am aware of the growth targets from the management. I’m my opinion it’s investible and I may buy soon. I’m still building position in Agro chemical and chemical space.
My thesis for sharda Cropchem is that I’m buying close to cycle low ( would buy more if it falls). It has long listing history and my research was easy as some PMS (Stalwarts PMS) have already done research on this and had positions in this Co earlier. For me this gives comfort regd the quality of the Co, as compared to the present valuation. With this being said, even Best Agro has investments from Ashish Kacholia ji.
So, as per me investment in Best agro needed higher due deligence and research which I couldn’t do yet.
Summary : Best agro is one of the best options right now, but gave priority to Sharda Cropchem becoz of its longer listing history
The cos I may buy soon include BEST AGRO and IPL.
Thanks for taking time to read through the post and quizzing on my investment thesis. Appreciate it
Diac: Holding Sharda Cropchem in small quantity. No recommendation
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