KILPEST INDIA LTD.....Long term Investment ......CMP 11.5//-

KILPEST is one of India’s leading Agri-based companies, established in the year 1972. Shri R.K. Dubey is the founder of this company. It was the only pesticide formulating company in the entire region of Madhya Pradesh in 1970s. The company has now grown over the years and is leading today in Central India and manufactures about 50 pesticide products, microfertilizers, biofertilizers and biopesticides. The company is enlisted with Bombay Stock Exchange Ltd. since 1996.Moving with a lustrous record of providing quality products to its customers since past many years, the company's management is now shifting its focus towards 'Biotechnology', keeping in view the hazardous effects of chemical pesticides. Since Biotechnology has been described as a "Sunrise sector" by Government of India, the company is now on its adventurous journey towards exploring potentials of Biotechnology in the field of Organic Agriculture, Public Health, Nutraceuticals, industrial enzymes etc.This is the stock to Buy as Technically it is very strong and has the potential to race to any level as it looks like a multibagger.
Kilpest India signs MoU for JV with Spain's Biotools:
Kilpest India will hold 51% stake, while the remaining 49% will be held by Biotools.
With this agreement, Biotools enters one of the most populated regions, with more than 1,600 million people (SAARC Region), with 9% growth in the last four years. Kilpest, meanwhile, has diversified its activities entering fully into a sector with high growth potential.Buy this stock at CMP 11-12/- for long term investment with targets of 20 /35 /55 ++.