What to Buy and Why - Edible Oil
Reason to Buy
Imports of cooking oil likely to increase 15%
1) The country’s cooking oil imports may surge this year as dry
weather curbs oilseed planting and some farmers shift to wheat
and barley to benefit from soaring prices, analysts and traders
said.
2) Farmers reduced sowing of oilseeds mainly because of depleted
soil moisture in Rajasthan as rain-fed fields suffer from a
prolonged dry spell, the agriculture ministry said on January 18.
The area under winter-sown oilseeds declined 10 per cent to
8.55 million hectares (21 million acres) from 9.5 million hectares
a year earlier. Barley was sown on 7.25 million hectares,
12 per cent more than a year earlier, the ministry said.
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2007 |
1,087.4 |
57.3 |
| March 2006 |
608.1 |
15.2 |
| March 2005 |
452.4 |
3.4 |
| March 2004 |
467.9 |
2.3 |
Stock to Buy - K S Oils Ltd
Financial earning of K S Oils Ltd
Caution - Markets are very volatile and directions are not yet confirmed.
Returns
CMP - Rs. 82.75
EPS - 3.29 (TTM)
PE - 25.2
Currently the stock is almost 41.7% down from its all time high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
Posted date - 18 Mar 2008
3) Mustard oil is the third-most used cooking oil in India and
accounts for more than 70 per sent of the nation’s output of
winter-sown oilseeds.
Mustard output may fall as low as 5 million tones from 6.22
million tones, Govindlal G Patel, director of Dipak Enterprises,
said on January 22.
4) The country’s cooking oil imports may rise to 5.4 million tones
this year from 4.7 million tones last year, the survey showed.
5) Overseas purchases by the world’s second-biggest buyer of
edible oils may gain 15 per cent in the 12 months ending
October 31, compared with a year earlier, according to the
median estimate in a survey of six traders and analysts by
Bloomberg News.
Stock to Buy - Agro Tech Foods Ltd
Financial earning of Agro Tech Foods Ltd
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2007 |
1,038.1 |
16.0 |
| March 2006 |
937.9 |
4.5 |
| March 2005 |
1,053.9 |
8.9 |
| March 2004 |
1,260.7 |
8.8 |
Returns
CMP - Rs.144.65
EPS - 7.51 (TTM)
PE - 19.26
Currently the stock is almost 7.74% down from its all time high price. Now its touching its all time high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2007 |
8,582.0 |
100.7 |
| March 2006 |
7,498.6 |
82.8 |
| March 2005 |
3,922.0 |
43.5 |
| March 2004 |
3,534.8 |
34.1 |
Stock to Buy - Ruchi Soya Industries Ltd
Financial earning of Ruchi Soya Industries Ltd
Returns
CMP - Rs.102.9
EPS - 8.59 (TTM)
PE - 11.9
Currently the stock is almost 37.7% down from its all time high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
Stock to Buy - Gujarat Ambuja Exports Ltd
Financial earning of Gujarat Ambuja Exports Ltd
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2007 |
1,398.9 |
46.7 |
| March 2006 |
1,293.2 |
30.3 |
| March 2005 |
1,116.7 |
26.9 |
| March 2004 |
1,076.9 |
25.3 |
Returns
CMP - Rs.52.9
EPS - 5.31 (TTM)
PE - 9.93
Currently the stock is almost 49.3% down from its all time high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
Stock to Buy - Sanwaria Agro Oils Ltd
Financial earning of Sanwaria Agro Oils Ltd
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2007 |
445.1 |
12.2 |
| March 2006 |
220.0 |
3.7 |
| March 2005 |
174.7 |
2.7 |
| March 2004 |
257.9 |
5.9 |
Returns
CMP - Rs. 79.25
EPS - 4.82 (TTM)
PE - 16.4
Currently the stock is almost 17% down from its all time
high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
Stock to Buy - Murli Industries Ltd
Financial earning of Murli Industries Ltd
| Financial year |
Operating Income
(in crore) |
Net profit
(in crore) |
| March 2006 |
510.4 |
28.0 |
| March 2005 |
309.8 |
14.5 |
| March 2004 |
352.5 |
7.6 |
| March 2003 |
313.2 |
5.7 |
Returns
CMP - Rs. 537.05
EPS - 48.07 (TTM)
PE - 11.33
Currently the stock is almost 56.8% down from its all time high price.
The good returns are expected in 15 to 24 months.
(TTM - Trailing Twelve Months)
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but DayTradingShares.com does not warrant or guarantee their accuracy or date.
Copyright © 2007 DayTradingShares.com All Rights Reserved
Your Desire To Earn
Day Trading Shares
Welcome to the Indian Share Market
D T S
