Agri-Tech India Ltd(537292)
Agri-Tech India belongs to Aurangabad based Nath group.
Company had a land parcel which last year was sold for 20.49 crores.
Equity of 5.94 cr is supported by 29crore reserves.
Promoters hold 46.30%
At present, no business activity.
However, Agritech is *implementing a Food park spread over 100acres although it can take more than 2 years for it to become operational* This appears main Triggers behind Investors interest in the stock
_Mktcap is just 36cr_
Agritech has Noncurrent Investment worth 23crores and Short Term Loans of 19.57cr. This these assets ( Investment and Loans given) are more than Mktcap
High risk High Reward opportunity.
Investors may either lose 30% or gain more than 100%
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