Kriti Nutrients: Rising Edible Oil prices augurs well!1. Kriti Nutrients is a manufacturer of Soya value-added products, used in the pharmaceutical application, food and edible refined oil. Market cap - 191 cr; PE 9.52; EPS - 4.17.
2. Atul Singh ASAN's pick. Spotted by him first and excellent study by him on twitter.
3. Company doing sales ~600Cr.
4. Return on Equity at 25% and Return on Capital Employed 27%.
5. Since edible oil prices are soaring and will continue to increase this entire year well into December 2021, this stock is a sureshot multibagger 3x-5x for sure!
Multibagger
JCT Ltd: Turn around potential. Potential Multibagger.1. Current year sales trending at 600 crores. EBITDA at 28 crores.
2. Launched new line of anti-infective clothing which it believes will be in demand going forward
3. From yarn to fabric to stitching & sealing of PPE Suits,JCT Mills,Phagwara is doing it all in-house,following WHO guidelines.
4. JCT is making amazing PPE equipment ! They have risen from the ashes to fight the war against Covid ! They have a huge capacity.
5. The textiles ministry is in the process of obtaining approval of the Cabinet for the scheme of Mega Investment Textile Park. Under the scheme, seven Mega Textile Parks will be set up in the country over 3 years. JCT will be a direct beneficiary of this scheme.
DYNPRO, 1D @ WEEKLY RESISTANCEDYNPRO is @ weekly resistance.It's above all the moving avgs. If a daily candle sustains above the marked level,it may give an upside rally.
If there is price rejection from that level then a downward movement is also possible.
PS: All analysis is for educational purposes only.