Monday, September 17, 2007

Delivery Pick's ... 17/09/07

 
 
Monsanto India Next MultiBagger

Company Background :


Monsanto in India has its corporate office at Mumbai and is committed to provide top-quality, cost-effective and integrated approaches for improving farm productivity to produce better quality foods, strictly adhering to stringent standards for eco-care and safety.
Monsanto Company has many revolutionary products and technological breakthroughs in the agricultural sciences to its credit.

Products :

Seeds
Agricultural Chemicals

Shareholding Patterns :

Foreign Holdings  -- 3.26
Govt. / Financial Institutions -- 3.95
Corporate Bodies -- 2.18
Directors and their Relatives -- 72.15
Other including Indian Public -- 18.46

Price History :
 
52 Week High -- 1798 (Nse)
52 Week Low -- 1325 (Nse)
 
Buy @ ( Cmp ) Delivery Call : Long Term
 
Target 1 -- 1460
Target 2 -- 1525
Target 3 -- 1600 +
Stoploss -- 1330
 
The Company has paid Handsome dividend in the past & is a longterm Multibagger Stock with Bonus Round the corner.
 
The Company is the subsidary company of Monsanto Usa with a strong reach across the business & has recently tied Up With Dow Chemical for corn seed licensing pact.

 
Monsanto India is a Company which high promoter stake holded by its parent company Monsanto Inc. USA & With the New Delisiting Norms this company is a Candidate of buyback through Reverse Book Building
 

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