So I think this is the space that is going to be extremely

Ireland’s Rory Best celebrates with family after winning the grand slam during the NatWest 6 Nations match at Twickenham Stadium, London. PRESS ASSOCIATION Photo. Picture date: Saturday March 17, 2018. So this is a great company, it has a very specialised focus into not just insecticides but also fungicides and weedicides.What is happening is the affordability cycle in agri will have a step up from fungicides, weedicides then to pesticides because you cannot straightaway go into complex pesticides and start spending high cost chemicals for generating yield which is not very great in India. So I think this is the space that is going to be extremely promising, there is a lot of headroom for efficiency growth and the management the Dave family that runs it, knows it well. So you need to ride on business that is turning around which valuations are not stretched at all because of the status of the lossmaking set up but it has turned around and I am sure going forward the way they are globalising their business, exports and all, people can look at the financials by themselves but just wanted to give a topdown approach.In the year, it has done almost more than 3x because it is a turnaround and turnarounds can go up and head anywhere but my sense is at least 35 40 percent upside given the kind of robust change that we already see on a quarter on quarter (QoQ) basis so that momentum should take it another 40 percent up.Dipan Mehta on Mahindra Holidays and Resorts India: I think consumption per se remains a very powerful investment theme and leisure travel is growing rapidly and has got good growth potential in India and that the particular trend favours Mahindra Holiday.

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