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Kaveri Seeds @355rs, stock for investors

Kaveri Seeds share price





Company history & products information:

Kaveri Seed Company was consolidated on 27 August 1986 as 'Kaveri Seed Company Private Limited'; with Mr. Gundavaram Venkata Bhaskar Rao Mrs. Gundavaram Vanaja Devi and Mr. Rangineni Venu Manohar Rao as its originator advertisers of the Company. Mr. Gundavaram Venkata Bhaskar Rao is one of the alumni in agrarian science and began the matter of seed creation of public reared assortments of corn bajra and sunflower on his own properties in the town of Gatla Narsingapur Karimgar District Andhra Pradesh. The organization has kept on carrying on the business into research seed creation handling pressing and promoting of different excellent crossovers seeds and at the same time set up a preparing plant in Bellary in Karnataka. In 1987 the Company has set up its showcasing office at Davangere in Karnataka. In 1996 and set up a R and D office at Bollaram to continue research and to raise new hybrids. In 1997 the organization has set up a Seed Processing Plant at Biramulguda close to Hyderabad. Around the same time the organization has presented sunflower mixture seeds. In 1999 the organization has expanded the seed molding ability to satisfy the developing needs by setting up a huge scope preparing plant at Kandlakoi close to Hyderabad. In the year 2002 the organization's advertisers has gone into a correlative business of Bio-Products and Micro-Nutrients for which they set up an association firm under the name and style of M/s. Kaveri Agriteck for assembling and advertising bio-items and miniature supplements under the brand Microteck'. The organization has gone into a sub-authorizing concurrence with Mahyco Monsanto Biotech (India) Limited for Bt. transgenic innovation for cotton in the year 2004.A new seed molding plant with Cob Dryers was set up at Gundla Pochampally close to Hyderabad in 2005 and in Eluru in Andhra Pradesh in 2006. These cobs drying offices help in handling Corncobs gathered from creation fields with high dampness levels. These offices gave us the benefit of acquiring seeds with ideal dampness level with delayed timeframe of realistic usability and expanded life. In September 2006 the organization has gained the business resources and liabilities of M/s. Kaveri Agriteck; giving us the capacity of addressing ranchers' requirements of seeds just as plant supplements (for example bio-items and miniature supplements) under one rooftop. At present the organization has drawn in into creation and showcasing of agri-inputs (seeds of wide scope of yields, for example, corn sunflower cotton pearl millet grain sorghum paddy and half and half vegetables and furthermore micronutrients bio items and natural items.  The company become public limited on Nov 2006 and the name of the company was changed into kaveri seeds ltd company  in Aug 2007.

The organization has gone into a non-elite permitting concurrence with JK Agri Genetics Limited for utilizing bug open minded seed lines for creating testing advertising and selling hereditarily altered mixture cotton sowing seed in India.During the year 2014 the Company's Equity Share has partitioned bearing the assumed worth of Rs.10/ - each into 5 Equity Shares of the presumptive worth of Rs.2/ - each into completely settled up Equity Shares. Resulting to stock split the organization's settled up capital is of 68742205 Equity Shares of Rs.2/ - each.The Board of Directors of the Company at its gathering hung on 27th March 2017 has supported buyback up to 2962963 Equity Shares of Rs.2/ - each on a proportionate premise at a cost of Rs.675/ - per value share payable in real money for a total thought not surpassing Rs.200 Crores barring exchange costs viz. business appropriate charges, for example, protections exchange charge administration charge stamp obligation and so on via a Tender offer course through Stock Exchange Mechanism. This is as per the arrangements of the Companies Act 2013 and the Securities and Exchange Board of India (Buy Back of Securities) Regulations 1998 and other relevant laws and guidelines. The buyback is a capital distribution choice taken with the goal of looking for a more attractive valuation of the organization's stock while working on the organization's Return on Equity and expanding investor esteem in the more extended term. The offer size of the buyback is inside the endorsed furthest reaches of 25% of the total of settled up capital and free holds of the organization and addresses 4.29% of the absolute gave and settled up value share capital of the organization as on 31st March 2016.

 Personal View on the company Stock:

 Kaveri seeds Ltd It is the ones of the old company in agriculture sector and the brand of this company is favourite of farmers. Today I have chosen this company because I found that this company is highly undervalued at this stage of the market when there is panic into the world market due to corona. But the demand of this company will always be in demand because in which sector this company product uses that sector always in focus anywhere in the world economy.

 The financials of the company is also better as compared to other peers. The Govt has also focus on this sector and upcoming financial support package my also give good support for up move in the price of the company. It is highly recommended that please book profit on higher levels if you will get profit coming months. From my point of view this is the company which can give very good upside in coming days. I will personally accumulate this stock. I will not give more reason to buy this company share. The only one line is sufficient to explain the reason.

 If there will be seeds only the there will be Crops, if there will be crops then there will be "Roti" to eat or food to eat. Use this common sense.
Indian govt will pay more attention in Agriculture sector, especially when the whole world is in trouble due to COVID19. Food is essential for whole world. Without agriculture, I don’t think any county can rise.

 Disclaimer:

 It is my personal view on this stock. Kindly do your own research before making any investment in this stock. My view may differ from others. The company profile data may have collected from company website but the view on the stock is personal.


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