Equity / Stocks - Coromandel International Ltd in MARKETS - CMP: 324
Coromandel International Ltd. manufactures fertilizers and pesticides. The Company produces both chemical and organic fertilizers, insecticides, fungicides, herbcides, ...
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11-12-2011 09:44 PM
Coromandel International Ltd
CMP: 324
Coromandel International Ltd. manufactures fertilizers and pesticides. The Company produces both chemical and organic fertilizers, insecticides, fungicides, herbcides, and plant biostimulant.
Coromandel International is a good bet in budding large cap space. Its currently trading at a P/E of over 2% in the last 12 months. Minimal liability. Revenues have risen from 2065 Crores to 7636 Crores in the last 5 years. Profits have risen more from 100 Crores to 694 Crores in the same period backed by strong NPM rise. NPM has risen strongly from 5% to 9% over 5 years. Buy and hold for long term gains.
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