2. This is story of Coromondal fertilisers from the stable of Murugappa Group which has been doing exceedingly well for itself for past 9 months as the reuslts speaks for itself. Presently stock is available at 1.91 x FY09E EPS and one can say that it is one of the cheapest stock in fertilizer sector.
3. One can invest in the stock for medium term to see an appreciation to the tune of close to 30% in the stock price which is decent compared to low returns from fixed deposits.