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| Name of Company | Insecticides India Ltd |
| BSE Code | 532851 |
| NSE Code | INSECTICID |
| ICICI Code | |
| Established | |
| My Take | Like |
| Headquarters | |
| Promoters | Rajesh Aggarwal, Harichand Aggarwal, etc. |
| Story | Has its factories in Udhampur J&K and Rajasthan, Dahej, Gujarat. IPO-ed in 2007 – allotted @ 115 and |
| Sector | Agri |
| Sub-sector | Agri chemicals – insecticides |
| Website | |
| Positives | Paying dividends for the past 3 years(dividend yield is just less than 1%). 74% promoter shareholding – no pledged shares. Increasing reserves, revenues and profit over the last 3 FYs. Maintaining 6-7% NPM's. 20 Cr loans seems less and interest income is 2 Cr which is less compared to 28 Cr profit and 397 Cr revenue. Planning expansion plan as well |
| Negatives | |
| Peers | |
| News | |
| Price @ blogged | 225.90 (26-Aug-10) |
| Cost of company | 286 Cr market cap at current prices. About 10 times the 28.2 Cr profit. |
Aug 26, 2010
Insecticides India Ltd - 532851
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