INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Wednesday, October 19, 2011

MEDIUM TERM BUY - KAVERI SEEDS

Kaveri Seed Company

BSE: 532899     NSE: KSCL  CMP: 456.00 
Kaveri Seed Co Limited produces, processes, and markets hybrid seeds for crops that include corn, sunflower, cotton, paddy, and grain.
Kaveri Seed is a good bet in small-cap space. Its currently trading at a P/E of close to 11 with decent dividend yields of 0.54% in the last 12 months. Minimal liabilities. Its a company with seasonal business with bulk of its revenues and profits coming in Q1 every year. Revenues have grown rapidly from 65 Crores to 234 Crores in the last 5 years. Profits have also grown rapidly from little over 10 Crores to 42 Crores over 5 years. NPM has marginally improved from 16% to 18% over 5 years. Buy and hold for long term gains.

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