Anand Rathi Equity Advisor’s Siddharth Sedani’s Value Pick
Anand Rathi’s Equity Advisory Vice-President Siddhartha Sedani has selected DCM Shriram as a Value Pick. The company has business in agri-rural sector. Expansion in Chinese business will benefit the company. In the chloro-vinyl business, the company has an expansion plan of Rs. 1200 crores.
DCM Shriram is a diversified agriculture based company. The company has agri business around 36-37%. DCM Shriram will get the advantage of maintaining good monsoon. Siddhartha Sedani believes that DCM Shriram should put money in a long perspective. This stock can easily touch the level of 745 rupees.
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