Baap of all multibaggers! 7 insights from the history of 100-bagger stocks
A study of 20-year data dissecting the performance of Dalal Street's biggest multibaggers shows that most stocks that compounded by a minimum of 25% during the period hail from traditional manufacturing companies like capital goods, engineering, commodities, consumption, etc.
Indian agro-chemical industry can grow over 9 pc notwithstanding Chinese competition: Niti Aayog
India's agro-chemical industry has the potential to grow beyond its current rate of nine percent, despite competition from China, according to Niti Aayog member Ramesh Chand. He suggested that the industry should pay attention to the shift from agrochemicals to biopesticides in Western countries. Chand also urged the Agro Chem Federation of India (ACFI) to create a document on the ease of doing business in agrochemicals. He noted that despite disruptions caused by the Covid-19 pandemic, the domestic agrochemical industry has shown impressive growth.
Indian agro-chemical industry can grow over 9 per cent notwithstanding Chinese competition: Niti Aayog
Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. He urged the Agro Chem Federation of India (ACFI) to come out with a document on ease of doing business in agrochemicals. The Niti Aayog member was addressing a panel discussion on the occasion of the sixth annual general meeting of ACFI in the national capital.
Madanagopal Ramu on 3 themes to play for attractive risk-reward on a 2-3-year basis
“There are four-five stocks in each of these three themes in addition to the digital space and that is how we create our 20-stock portfolio. The concentrated approach in midcaps and smallcaps really makes sense rather than a diversified portfolio. But in the next six months, markets can head anywhere because flows are determining the returns today and the reality will come out only when the flows stop. ”
PI Industries Ltd is a leading player in the agro-chemicals space having strong presence in both Domestic and Export markets. It has state-of-art facilities in Gujarat having integrated process development teams with in-house engineering capabilities.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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India resurgence fund in talks to acquire Ind-Swift's API business
Earlier in July 2021, Ind-Swift Laboratories had agreed to sell its API business to PI Industries on a slump sale basis, for ₹1,530 crore. However, the deal had been terminated by PI Industries in November 2021. Incorporated in 1995, IISL is engaged in the manufacturing of APIs, advanced intermediates and providing Contract Research and Manufacturing Services (CRAMS). The company has three manufacturing facilities- two in Dera Bassi (including research facility), Punjab and one in Samba, Jammu & Kashmir.