Sudip Bandopadhyay, Market Expert told CNBC-TV18, "We are buying very selectively. Agro chemical is one sector where we have been bullish and I am recommending a buy on Rallis India to the investors."
"The results have not been good for quite some time, but things are improving at Rallis. The valuation is relatively attractive, it is a debt free company, there are free cash flows in the company and there are lot of opportunities considering that the government has promised to double farm income by 2022. Companies in this sector will get a lot of benefit," he said.
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