Pick from pharma

Venus Remedies Ltd.
Current price – 200
Target – 400

Time frame – 1 year

Pharma sector has been the pick of the investors in the India growth story. Pharma has been as strong as technology sector and following almost the same successful model  for their business. Here is one very good pick from pharma secor - Venus Remedies Ltd. The very first reason to invest is the valuation. Stock is at 200 levels and PE is 3.74 and on top of that promoters have increased their stake substantially from 25 to 30%. Debt equity ratio is at comfortable level of .8 and book value is at 212. I don't write long stories praising the stocks and here already mentioned the points and if these looks convincing to you then go ahead and buy it, you won't regret it.

Thanks.