Bonanza's Stock Idea
Bonanza is Bullish on Dhanuka Agritech Ltd.
Idea Submitted on 12Jan,2018
  • 9 Total Ideas
  • 0 Active Ideas
  • 9 Closed Ideas
  • 0 Friends
  • 2 Followers
  • Avg. Returns
     5.11%
    Rank
    5
    Success Rate
      55.56%
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 677.25 (02Feb,18 10:50:am)
     Time Frame
    1year
     Start Price
    774
     Target Price
    948
     Stop Loss
    680
     Projected Gain
    174 (22.48% Upside)
     Returns Achieved
    -96.75     -12.5%
     Analysis
    Recently, the stock price of Dhanuka corrected by ~22% from 52-week high of Rs.930 despite reporting good set of numbers in the recent quarters owing to new product launches which boosted volume growth. India’s second largest agrochemical formulations company, strong basket of 80 products, intends to introduce a total of 5-7 products each year, exclusive license from MNCs to market in India, new capacity addition and strong distributor network, we value Dhanuka at 29.50x FY19 E EPS of Rs.32.10 to arrive at target price of Rs.948, an upside of ~22.5%. View Research Report (Time Period Auto added)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Dhanuka Agritech
    311.95
    Sentimeter
    Buy Calls: 1 Sell Calls: 1
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