Nov 23, 2006

UNDERVALUED SHARES - MONSANTO

Monsanto India - Sowing seeds of the future ( BONUS....on the anvil)
With billions being put up in Agri farming by Reliance, Bharti etc .Monsanto will be in demand for the next generations seed and othertechnology. The opportunity is Big as we all know and with the adventof large scale Industrial farming we should AGRO_BASED stocks do well.

Reliance is using few products in its farms in gujarat. It hasapproached the company for further tie-ups in other products , besidescorns.

Monsanto India (CMP Rs1488) is an MNC company with solid pedigree. Thecompany is actively engaged in the production of new variety of seedsand other chemical products used in agriculture.

The stock does remain a buy at the current levels. as it appears to bea steady compounder. I think Monsanto should treble in every 1-2 yearsand then keep going that way.

The Stock will Nearly double by End Of 2007 ...................... A must buy for long term investors

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