In this new stock series, today we are going to talk about one of the best and demanding growing sector which provide excellent return to investors are FMCG (Fast Moving Consumer goods) sector.
FMCG is one of the best and secure sectors for long term investment. On this note Adani Wilmar limited is one the best and kind of safest companies in this sector to invest in.
Adani Wilmar Limited is one of the largest Indian based Food companies in the fast- moving consumer goods (FMCG) market. It was founded in 1999, Parent Organisation of the company is Adani Wilmar. Managing director of the company is Mr. Angshu Mallick. The NSE symbol of the company is (AWL).
They offer all kitchen essentials for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. The portfolio of products spans divided into three major categories: – Edible oil, packaged food and FMCG, and Industry essentials.
Their edible oil products include Soyabean oil, mustard oil, palm oil, sunflower oil, rice bran oil, groundnuts oil, and a range of functional edible oil products. Packaged foods include Wheat flour, Rice, Pulses, Besan, Sugar, Soya chunks and ready to Cook- khichdi.
FMCGs include handwashing products, sanitizers, and soaps. Additionally, they provide a wide range of necessities for the business, such as de-oiled cakes, castor oil and its derivatives, and oleochemicals. Among its many brands are Fortune, Bullet, Raag, Avsar, Jubilee, and King’s.
Let’s talk about some market performances of Adani Wilmar Ltd.:
As of October 8th, 2022, the market capitalization (Market cap) of the firm is estimated to be about Rs. 97,034 Cr. If we speak about the company’s performance over the past few years, it has showed a fantastic profit growth of 30.31% and a decent sales growth of 22.05%. Over the last three years, the company has maintained a respectable ROCE of 23.15 percent. The company’s share price increased dramatically recently by 7.53%, and over the last three months, Adani Wilmar ltdshare .’s price increased by 26.02%.
For my readers knowledges and update let me tell you the three major key materials to analyse the Adani Wilmar ltd. share price:
- Stock’s PE is 118.79
- Price to Book Ratio of 12.76
- EPS (trailing 12 months) of Adani Wilmar Ltd. share in 6.32
By checking these few keys, we can quickly analyse the Share price of any growing company.
Investing in the AWL (is profitable or not)
Experts in the stock market claim that Adani Wilmar’s market share is expanding and doing fairly well. Therefore, if you’re thinking of making a new investment. The more advantageous stock to purchase is Adani Wilmar. It gives a long-term vision and a solid buildup in the future. The company’s goal estimates were about 967.04, 1261.69 on the upside and 543.96, 710.17 on the downside, if we consider that Adani Wilmar’s current trend for this month is downward. Still, I’ll advise you to put money into Adani Wilmar Limited. It is one of the top most companies that have attached investors interest since its listing in February 2022 for more detail: – the IPO price of the AWL was around Rs. 230 and now the stock trades are around Rs. 680. They delivering a return of about 80% now. That’s why most investors like to invest in this stock.
– Srishty Verma