Big Investor (Resonance Opportunites Fund) has entered the stock with the Bulk deal of 50k shares. Insititutional Investor has started accumulating the stock. https://www.bseindia.com/stock-share-price/best-agrolife-ltd/bestagro/539660/bulk-block-deals/
Sahyog Multibase is transforming into a leading agro Chem company by merging with unlisted Best Agrochem, leading player in pesticides etc in India & abroad. Merged co to have 700+ cr topline from current 128 cr; New company to be renamed Best Agrolife; Stock on fully diluted basis is trading at 0.8x Price-to-Sales vs peers at 3-6x; Could be multi-bagger in the making!
Very high volumes of almost 5x traded yesterday with 100% delivery! looks like a large institution has bought into stock.. FII holding already at 1.38%. Even large institutional investors are seeing long term value creation here from the transformation into leading agro Chem company by merging with unlisted Best Agrochem! Merged co to have 700+ cr topline; Stock on fully diluted basis is trading at 0.8x Price-to-Sales vs peers at 3-6x!!