Our research team is concentrating on those stocks wich are likely to benefit from the budget and one stock which is going to do well is Rallis India which is an agrochemicals manufacturer and is also in field of selling other farm inputs such as hybrid seeds and specialty fertilisers. The company undertakes manufacturing work on contract for leading agrochemical majors and thus it is not affected by recessiona nd its order books are full.
2. Budget is going to give an impetus to agriculture sector and thus this stock being a prime mover for agriculture is going to get immensely benefitted. It is a definite stock for risk averse investors as one will get value from stock holding.
3. It is innovative in approach and thus its contract manufacturing agreement with US-based Cytec Engineers, it has emerged as the sole manufacturer of specialty polymer PEKK (poly ether ketone ketone), mainly used in aerospace industry, in the world.
4. Innovation is key to growth and true to that motto it has launched an enterprise value-creation programme "Disha" aiming at bringing in improvements in manufacturing and procurement, through plant modernisation, capacity de-bottlenecking, process improvements and cost reduction. Disha project is a success and one will be seeing Disha 2 being launched to streamline sales and marketing.
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