Insecticides India Ltd: On the Verge of a Break Out
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The EPS growth for FY15 as estimated by Crisil Research is 38.1% as against 5.8% in FY14.
The company has been bringing successful global brands in India and this has started to show its positive effects both on the top and bottomlines--it holds some of the leading Indian and International brands. With new technical plant at Dahej already starting to churn out technical grade products, all pants working at their optimum capacities and the company getting overwhelming response to the international products like Pulsor, Hakama and Nuvan, it is all set to charter new path in the coming days. Therefore, in the medium term the scrip can even cross Rs.400.
The company has been bringing successful global brands in India and this has started to show its positive effects both on the top and bottomlines--it holds some of the leading Indian and International brands. With new technical plant at Dahej already starting to churn out technical grade products, all pants working at their optimum capacities and the company getting overwhelming response to the international products like Pulsor, Hakama and Nuvan, it is all set to charter new path in the coming days. Therefore, in the medium term the scrip can even cross Rs.400.
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