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Wednesday 26 April 2017

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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