Buy Kaveri Seed For Target Price Of Rs. 754: IndiaNivesh

Tagged: IndiaNivesh, Kaveri Seed

This topic has 0 replies, 1 voice, and was last updated 10 years, 6 months ago by Vidhi Khanna.

Viewing 1 post (of 1 total)

Author

Posts
June 24, 2014 at 10:25 am #528

Vidhi Khanna
Keymaster

Kaveri Seed Company Ltd. (KSCL) is a producer & marketer of seeds with focus on hybrid categories along with micro-nutrients. The company has recorded a revenue & EBITDA CAGR of 64%/58% from FY10 to FY13; growth has been primarily driven by KSCL’s BT.Cotton offering. On back of strong brand, high entry barriers and continuous new product launch, we expect KSCL to continue its growth trajectory. We recommend BUY with target price of Rs.754, based on 16x FY16 EPS.

Download Kaveri Seed IndiNivesh Research Report
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.