You are selling debt free corporation (lux industries) for debt ridden corporation (UPl). If you want to do bottom fishing in Agrochemical, then why you are not buying sharda cropchem with zero debt and asset light model hovering around 52 week low. I think lux can be added at this level keeping watch on cotton prices. There is not much to loose in lux and sharda cropchem at these levels.
Disclaimer: holding both sharda cropchem and Lux industries and buying frequently. Just want to understand your frame of mind.
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