Friday 17 September 2021

Insecticides (India)

Reasons for buying:

Buy PE was reasonable at 13.67 and below 10 years PE median of 14.55.

Earnings have increased to three times from 2012.

Return on equity is ok at 12.1%.

The market cap of the company is ₹1399.25.

Buy date: 17-Sep-2021

Qty: 13 Buy Price: ₹718 Buy EPS: 52.65 Buy PE: 13.67

The price of the stock is down about 1.81% from my buy price.

Agrichemicals company in the business of formulation and manufacturing of pesticides.

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