the price of right is going to hit 10 rupees.
the company has two sold joint ventures, one with fmc where it has 40% share and is doing very good.
the other is with pioneer seeds which is also doing good. the issue is with the distribution business which management has plants to turn around by doing marketing and distribution of grains which is a market of billions of rupees.
at least have a look at this company.
i played in it when it was 8-9 last year and earned double shah,
re-entred few wks ago at 15-16 and sold at 17.50 ,
on historical basis, udpl is tempramental scrip and therefore unwilling to buy above 16
but strong hearts may follow u as searle belongs to same group