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 Swami's Stock Idea
Swami is Bullish on Vijay Solvex Ltd.
Idea Submitted on 09Apr,2021
  • 16 Total Ideas
  • 3 Active Ideas
  • 13 Closed Ideas
  • 45 Friends
  • 50 Followers
  • Avg. Returns
     29.76%
    Rank
    1
    Success Rate
      62.5%
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      Idea Status :  Active
    Idea is Open
     Time Frame
    3year
     Start Price
    1206.35
     Target Price
    2400
     Stop Loss
    900
     Projected Gain
    1193.65 (98.95% Upside)
     Live Returns
    903.65     74.91%
     Analysis
    1) Mustard oil production and consumption is changing in the country. The quantum of farming itself is changing. Government is promoting it, so as to lower (Palm) Oil import bill. Very long runway ahead. 2.5 times of the entire industry, given that 70% of edible oil is imported. On the other hand Palm oil production is being discouraged, except in Malaysia and Indonesia. It's bad for environment. For example: Sri Lanka asked to destroy plantations. Therefore, the product Mustard Oil has very long-term macro tail wind. Now the question is can Vijay Solvex make the most of it.   2) The company is the most focused player in Mustard Oil, amongst any other listed player. It has national brands, especially for East and North. Generations of experience. Leads the Industry association. Great balance sheet. Will improve further. Unused / idle plant lying in Bihar. Great results already happening. Sales will keep on increasing going forward probably for the next 5-10-15 years. It's a multi-bagger.  3) Risk: Temporary in nature, but blips can happen due to changes in duties. For example, in last 6 months 2 interventions had come, and every time it comes, the stock drags for 2-3 months, until duties are reverse or the duty period is lapsed.
     Stock Price Movement (EOD Basis)
     C.M.P Vijay Solvex
    2110
    Sentimeter
    Buy Calls: 2 Sell Calls: 0
    0
    0
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