However, according to recent and past media reports, their experience has not been good. There is strong local resistance and also lack of a viable market for their produce. The local resistance is mainly because of allegations that Indians are engaged in land grab there.
Anyway, the Book Value of the shares of Karuturi Global Ltd is Rs.18.67 and it has an EPS of Rs.1.46. The P/E of the shares of the company is 1.10 against the Industry P/E of 20.91. A decent P/E re-rating of 10 can take the scrip above Rs.15; after giving suitable discounting.
If you do not have free cash, then you can exit out (or book out small profits) of JSW Energy Ltd (Rs.80.20), as the stock is not performing as per expectations and enter Karuturi Global Ltd at Rs.1.63, for a short term target of Rs.5.