Later in my second recommendation on this same company @ Rs.141 , ( LINK) I have mentioned the possibility for a consolidation of all Agri related business of Mahindra group under the fold of a single company.
Now ,after three years of acquisition of EPC ,Mahindra Group expressed their intention to consolidate all its Agri-business units into a single entity. As a listed company , I believe it will happen under the fold of EPC Industrie .Mahindra's one of Agri Business units named Mahindra ShubhLabh Services Ltd is the largest exporter of grapes .It also joint hands with Belgian company 'Univeg' for developing a fresh fruit supply chain.This division also planning big expansion in seed business and recently formed a joint venture with Holland based HZPC to provide seed potatoes.
I believe , post consolidation , this company will emerge as an integrated farming company and results another blue chip from Mahindra group in the years to come.
Strongly recommending to HOLD and those with some risk appetite may even buy at current level for a 2+ year HOLD .Currently stock is trading around Rs.200.
Read Latest news below
Mahindra Group plans to consolidate all its agri-business units
Link to Company Website HERE
Disc: I have vested interest in EPC Ind