Best Agrochemical Space Stock to invest for long term Tgt 4500+
Updated
Stock is really good for long term, recently it has done the acquisitions in the pharma API and intermediates business, it will be earnings and value-accretive.
PI Industries (PIIND; CMP: Rs 3,066; Market Cap: Rs 46,512 crore), a leading player in the global CSM (custom synthesis manufacturing) export business, announced on April 27, 2023, that some of its subsidiaries have signed share purchase agreements with a few companies in the CSM pharmaceutical space.
For quite some time, PI has been working on inorganic opportunities to enter pharma intermediates, which we view as a key catalyst for the stock.
With this acquisition, we see good growth opportunities for PI and it is among our preferred picks in the agrochemical space.
PI Industries has signed share purchase agreements to acquire 100 percent shareholding of the following.
PI Health Sciences Ltd (PIHSL): It is a wholly owned subsidiary of PI Industries. It has agreed to acquire TRM India and Solis Pharmachem, which are Indian subsidiaries of Therachem Research Medilab LLC (TRM US). The total cash consideration payable for the acquisition of TRM India is 442 million, and, for Solis Pharmachem, it is
3 million. Both the deals are expected to close in May 2023.
Valuation looks very Attractive for this ticker. Long term growth story also looks very promising.
Market Cap
₹ 51,327 Cr.
Current Price
₹ 3,383
High / Low
₹ 3,698 / 2,365
Stock P/E
44.5
Book Value
₹ 436
Dividend Yield
0.18 %
ROCE
17.3 %
ROE
14.7 %
Face Value
₹ 1.00
Debt
₹ 280 Cr.
EPS
₹ 76.0
PEG Ratio
3.44
Promoter holding
46.1 %
Intrinsic Value
₹ 1,560
Pledged percentage
0.00 %
EVEBITDA
30.5
PROS
Company has reduced debt.
Company is almost debt free.
Company's median sales growth is 18.5% of last 10 years
I have done my analysis and i found it very good stock to invest for long term. The target which i have written on chart can achieve in 1-2 years. Long term story is still pending you won't be surprise if i tell you this can generate multibaggers returns from here too. Well trade carefully.
If anyone like my work then please appreciate me by like, follow and comment.
Thankyou:-))
PI Industries (PIIND; CMP: Rs 3,066; Market Cap: Rs 46,512 crore), a leading player in the global CSM (custom synthesis manufacturing) export business, announced on April 27, 2023, that some of its subsidiaries have signed share purchase agreements with a few companies in the CSM pharmaceutical space.
For quite some time, PI has been working on inorganic opportunities to enter pharma intermediates, which we view as a key catalyst for the stock.
With this acquisition, we see good growth opportunities for PI and it is among our preferred picks in the agrochemical space.
PI Industries has signed share purchase agreements to acquire 100 percent shareholding of the following.
PI Health Sciences Ltd (PIHSL): It is a wholly owned subsidiary of PI Industries. It has agreed to acquire TRM India and Solis Pharmachem, which are Indian subsidiaries of Therachem Research Medilab LLC (TRM US). The total cash consideration payable for the acquisition of TRM India is 442 million, and, for Solis Pharmachem, it is
3 million. Both the deals are expected to close in May 2023.Valuation looks very Attractive for this ticker. Long term growth story also looks very promising.
Market Cap
₹ 51,327 Cr.
Current Price
₹ 3,383
High / Low
₹ 3,698 / 2,365
Stock P/E
44.5
Book Value
₹ 436
Dividend Yield
0.18 %
ROCE
17.3 %
ROE
14.7 %
Face Value
₹ 1.00
Debt
₹ 280 Cr.
EPS
₹ 76.0
PEG Ratio
3.44
Promoter holding
46.1 %
Intrinsic Value
₹ 1,560
Pledged percentage
0.00 %
EVEBITDA
30.5
PROS
Company has reduced debt.
Company is almost debt free.
Company's median sales growth is 18.5% of last 10 years
I have done my analysis and i found it very good stock to invest for long term. The target which i have written on chart can achieve in 1-2 years. Long term story is still pending you won't be surprise if i tell you this can generate multibaggers returns from here too. Well trade carefully.
If anyone like my work then please appreciate me by like, follow and comment.
Thankyou:-))
Note
Note
500 Rs up from our buying range. What a move we got here to this was also a perfect analyse. Everyone making profits whoever has joined with us. Please like and follow thanks.
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
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(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
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