Dear investors,
Today I am expressing my opinion on one edible oil stock.
Gujarat is hub for oil commodity producer while the company we are discussing is from Gujarat only.
In the quest of providing customers with superior range products.....Kavit has broadened business horizons by introducing cottonseed oil, groundnut oil, mustard oil, Soyabean oil, Sunflower oil, Corn oil and table margarine.
The Manufacturing facility comprises an integrated, continuous plant, set up by Alfa Laval.
All the packaging is done in-house. Tins, HDPE jars, PET bottles or
corrugated boxes are created to retain the goodness of the oil. The
products are lab-tested at every stage, staring with the raw material,
and ending with final packaging.
Health and Welness Concept
Kavit Edible oil is enriched with Vitamin A-D-E and its healthy for
heart.high level of Vitamin E and Anti oxidants and other essential
minerals helps Skin and Hair growth due to excessive amount of vitamin
E.
It is proven that now people are well aware for their diet
as well as eating outside home I.e. hotels and restaura even well
branded restaura offers client to visit its cooking area anytime for its
clearness and quality foods. Oils is essential part of any cooking you
name.
Outlook:
Promoter hold 42% stake of the company in addition to that a group of
few specify body hold big chanck of around 45% stake of kavit Ind.
Company posted 114.1 cr top line and 0.83 cr bottom line in latest 9
month ended 2016-17 ( last full year profit was 0.16cr ) In short
company posted robust growth of 500% in bottom line and 400% in top
line. Stock only trading in BSE @ 29 level
Disc: I am holding few quantity of stock.
NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN.
Registration status with SEBI: I am not registered with
SEBI under the (Research Analyst) regulations 2014 and as per
clarifications provided by SEBI: “Any person who makes recommendation or
offers an opinion concerning securities or public offers only through
public media is not required to obtain registration as research analyst
under RA Regulations”
Unknown pick sir. Haven't heard such gems
ReplyDeleteYes it is. But sooner or later it will be in highlight
ReplyDelete