Aries Agro can double from current levels, says S Ranganathan, Head of Research, LKP Shares.
Ranganathan told CNBC-TV18, "Aries Agro had a very difficult last fiscal because of raw material prices and because of the fact that the market itself witnessed with shrinking demand."
He further added, "They have a good de-risking plan in place and we believe that the turnover this year would be up 35% and profits can actually triple this year. So this is a good turn around story. We believe that this stock has good potential to double from current levels."
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