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Adani Wilmar looking Oil Rich

Long
NSE:AWL   ADANI WILMAR LTD
Adani Wilmar Ltd. is a manufacturer of Edible Oil, Vanaspati, and Specialty Fats. The Company offers soybean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. It serves households and institutional buyers. It offers products through distributors, super stockists, brokers, and other trade associates. It exports products to The Middle East countries, South East Asian countries, Africa, Ukraine, and Ghana.

Adani Wilmar Ltd CMP is 389.95. The Negative aspects of the company are High Valuation (P.E. = 597.3), Declining annual net profit, declining cash from operations annual, Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake.

Entry for paper trading can be taken after closing above 396. Targets in the stock will be 412 and 423. The long-term target in the stock will be 443 and 461. Stop loss in the stock should be maintained at Closing below 335.

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

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