DCM Shriram Ltd. is a leading business conglomerate with a group turnover of Rs. 6,050 crores. The business portfolio of DCM Shriram comprises primarily of two types of businesses.Agri-Rural Business: Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals, Hybrid Seeds.
They initiate coverage on DCM Shriram Ltd as a BUY @210 with a target of Rs 280 representing a potential upside of 33% from the buy price. DCM Shriram Ltd is trading at a low PE of 10.65.