Dear all,
I wish to recommend you all to buy EPC Industries Limited, a company in Irrigation business and presently quoting Rs. 70+, touching daily at upper circuit for last 1 month. The Company is a turnaround stroy and its main competitor Jain Irrigation is presently quoting at around 675/- almost ten times more. The Company is poised to record 4/5 fold increase in the performance during the year. It has already come out of BIFR 1 year back and looking at the huge business potential available to irrigation business(as there are very less players in the market).
There are only two companies listed in the market and looking at the EPC's present price which is cheaper 10 times than Jain, many investors, NRI's are accumulating the stock for last 1 year. Looking at the long term horizon(1 yr) the price would definitely touch 350-400.
For short term say 3 months it should cross 150-170.
Go on accumulating ! !