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Monday, 27 October 2014

JVL Agro Industries Limited Multibagger 3 yrs timeframe Target of 100 Rs

JVL Agro Industries Limited Multibagger 3 yrs timeframe Target of 100 Rs




  • This Young Company was started in 1990 and operates mainly in Vanaspathy oil was started by Mr. D. N. Jhunjhunwala who is also the Chairman of the company.They are today the single largerst producer of Vanaspati oil in the Country.


  • The company has set many milestore on the way with first company in the industry to achive ISO 9001:2008 certfied.


  • The company famous brand is "JHOOLA" which is used all through Noth  east and middle India.The company toady focus on various refined oils and more focus is given by the company on healthier oils such as Mustard oil.


  • They have also built a 3 MW power plant which further reduce the power cost of the company.
  • Our country which hugely depends on imports (60 % is imported) to meet is Oil demand of consumers.In this industry the company is taking various steps to encorage the local producers, on such step is increase of Oil import duty by 5% which the government is planning to take.This will hugely benefit the local players.


  • Company is also diversifying its business and focusing on Food sector.Its building the indias largest food park in bhiar and we expect this ti boost the earning from end of 2015.



  • Also the Mangement is taking various meassure to increase the profit which is currently at 1 % to 5% which they have setup as their goal.



  • With good track record of the company and favorable growth environment, good risk management i see this company growing in to new high in coming year.So recommending this stock for 3 yrs time frame and target of 100 Rs.



  

5 comments:

  1. hi Sir ,
    Please share your views on IFB Argo .

    ReplyDelete
  2. Sir,Its a Debt free company,28 % return on investment.But the Company is not feeling much exited in coming days. 229 is the book value.If you have time horizon of 3 to 5 yrs you can invest as its Marine business will keep growing which constitute 90 %.

    ReplyDelete
  3. I have read your many post and found your recommendations really beneficial and nice.

    ReplyDelete