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Freshtrop Fruit Ltd - Multibagger by PN Vijay

Monday, July 16, 2007

Freshtrop Fruit Ltd

Freshtrop is a company engaged in export of processed fruits with it operations mainly in Maharashtra. It supplies to leading hyper markets all over the world. Grapes account for 75% of its exports and in fact Freshtrop accounts for almost 10% of Indian grape exports. Other fruits include mangoes, pomegranates.

Why I like it

1. Enormous potential for fruit exports from India.
2. Tremendous Government support for the industry
3. Healthy margins and an impressive CAGR
4. Attractive valuations. It quotes around 7 times its annualized 2006-07 earnings

Triggers

Huge capacity addition in Gujarat.
Possible interest by large overseas players

Concerns

Relatively unknown promoters

Target

Rs 200 in 6 months .

Analyst Disclosure: Analyst holds the stock.

Posted by FR at 7:30 AM  

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IMPORTANT DISCLAIMER

Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.