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Buy a Stock Riding on Roses and available at Throwaway price

Posted By On 12:52 PM Under
1. I am recommending this Indian stock which is a sound and fundamental stock but is presently available at a rate which is equivalent to the pocket change. I know Valentine's day is nearing and the heart of the youth is moving at the speed of Formula I car and this stock is definitely have its fortunes related to Valentines day.

2. The suggested share is Karuturi Global which is hovering near the levels of Rs 10-12 and one can see 100% appreciation in the stock in medium term and long term investor will reap handsome returns from the stock. Moreover the company is the world’s largest producer of roses, cultivating 585 million stems per annum and has a decade of experience in rose cultivation and its operations are wide spread ranging from Ethiopia, Kenya to India. Now it is able to effectively control the Europe market and augment its global market share. Another thing in favour of this stock in times of recession is its contract for supply of 50 million roses, an increase of 28% over 36 million roses supplied in the previous year, from Edeka, one of the largest super markets network in Germany.

3. Moreover it will further benefit as it has got this order at an increased price ranging from 20% to 33% above that of the price received this year.

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