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| Name of Company | Gokul refoils |
| BSE Code | 532980 |
| NSE Code |
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| ICICI Code | GOKREF |
| Established | 1992 |
| My Take | So-So |
| Headquarters | Gujarat |
| Promoters |
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| Story | The company is the seed processing, solvent extraction, refining edible oils and vanaspati manufacturing. Exports to USA, Europe and South Asia. Listed in 2008 and split stock to Rs. 2 face value. |
| Sector | Manufacturing |
| Sub-sector | Edible oils |
| Website | http://www.gokuloil.com/ http://www.gokulgroup.com/showpage.aspx?contentid=1 |
| Positives | 70% promoter holding. P/E at price of Rs. 70 is at 7 times based on FY09. Is setting up a refinery in Maharastra with a capacity of 1000 tons per day to raise to 3200 tons per day. |
| Negatives | The edible oil business is a thin margin business and subject to variation in commodity prices. Sometimes also regulated by government. Management does not seem focused as company does commodity trading as well. |
| Peers |
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Apr 24, 2010
Gokul Refoils 532980
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http://nse-invest.blogspot.com/2010/12/sanjay-dangi-ashika-group-banned-by.html
ReplyDeletethis counter was being played with by operators. even after scam was out in open, price is still nearing 52 week highs. beware...