GUJFLUORO:682 moving up from support level res:785 stop 650

Jun 7, 2017

GUJFLUORO is a good stock in industrial chemical (GASes) having a1400 cr business with attractive gain.
Undervalued at current price. expect to move through 1000 in an year.

Jun 7, 2017

Note

Gujarat Fluorochemicals Limited (GFL) (Industrial Gases) is a part of the ₹2000cr ($3 billion) INOX Group of Companies. INOX Group is a family owned, professionally managed business group, with market leadership in diverse businesses including Industrial Gases, Refrigerants, Chemicals, Cryogenic Engineering, Renewable Energy and Entertainment. The INOX Group employs more than 9000 people at more than 150 business units across the country, and has a distribution network that is spread across more than 50 countries around the globe.

Current Price: ₹700
Market Cap.: ₹ 7,296.81 Cr.
Book Value: ₹ 420(OMG) PE Ratio: 27
Quick ratio: 1.78
Dividend Payout: 9.76%
Return on capital employed: 14.01%
Number of equity shares: 10.99
Annual Slaes:6288Cr (consolidated). EPS: ₹ 16.08 Expected quarterly EPS: ₹ 3.75
Cash end of preceding year: ₹ 1,084.24 Cr. Cash end of last year: ₹ 134.02 Cr.
Price to Cash Flow: 19.14
Forward PE is a concern, still I believe the stock worth ₹1800 minimum.

I already have a posting for Inoxwind which is in a falling wedge, about to break any time, holding its support level 170 i think.