JBF industry

Hello ,

I am doing my own research on stock, now I took stock JBF industries

I found some thing interesting in this stock
-Debt is around 2000 cr but QIP will reduce it upto 1500 cr in coming 2 quarter
-New plant will commission and start generate cash mid of this year so help into reduce capex and utilization
of expansion which used 2000 cr, so sales and production will increase , another advantage of it is
to location of plant will benefit to compony cost for transportation, they get raw material on same area.
help them to East side export so cost will save
-biggest advantage is oil price down and will see it will down till sep or end of this year , as per expert it will settle down some ware around 60 to 80

As I consider all parameter it will 500 rs till sept.


if any one interested will share calculation also

 

Thanks for sharing your pick Mr Kapil. Your analysis seems to be great. Kindly share your calculation with us.