Vimal Oil Multibagger 400 Rs 3 Yrs timeframe Long term investment
- Vimal Oil and Foods (VOFL) was started in 1993 with focus on edible oils.
- They raised from 50 tone refinery to fully automated refinery with tottal turnover of Rs 2000 Crores.
- They produce all tpe of oil like cottonseed oil, groundnut oil, mustard oil, Soyabean oil, Sunflower oil,Olive oil, Corn oil and table margarine.
- All packaging is done inhouse and this help the company save cost.
- Other products the company is involved are milk-Products, electrical, cable & wires, submersible pumps, paints and varnish, wall-floor, vitrified, porcelain tiles and micro- minerals
- The company is seated in good Oil belt which help it get easily the raw material needed.
- Sales and Profit has grown 3 folds in last 5 yrs and with strong managemnt team, we are confident that this company will continue reach new highs in coming days.
- With PE of of 16 and promotore holding close to 73 % shows the confidence the promoter has on the company
- One can invest with ta Targer of Rs 400 IN 3 yrs timefram
Finolex Cables -Multibagger 400 Rs 2yrs time frame Medium term
- Finolex Cables Ltd (FCL) is leading manufacturer of electrical and telecommunication cables with across India.
- The company was established in 1958 has 13 % market share in India with turnover of 4000 Crores.
- There products range from Wires,Cables,PVC Pipes,Switch gears,Copper rods,CFL Bulbs,LED lights etc.
- It has a huge Dealer and Distribution network which is very important for this business.They have grown at the rate of close to 20 % yoy and expect to grow at 30 % in coming years
- The demand for branded cables is on rise and Finolex is the only Superbrand cable in India.
- There PE is very low at 11 and we expect the stock to double to 400 Rs in 2 years timeframe.
- The company has a very low debt of .5 which says the company is very health company and has lot of free flow cash which it can use fo expansion.
