Operating performance in line with estimates

Godrej Agrovet Q2 Results Review - Broad-Based Performance Drives Operating Profitability: Motilal Oswal

Stocks to watch: Check out the companies making headlines before the opening bell, on October 3, 2023.

Buzzing Stocks: Bhageria Industries, Godrej Agrovet, Fortis, Aurobindo, others in news

The palm oil complex, to be set up in the Khammam district of Telangana, will entail an investment of Rd 300 crore over the next 3-4 years, Godrej Agrovet says.

Godrej Agrovet To Set Up Palm Oil Complex In Telangana

GAVL organised an oil palm plantation drive in Andhra Pradesh, attended by 200 farmers, officials and Sougata Niyogi, CEO-Oil Palm Business. P K Singh, MP from Eluru, Kothagiri Sridhar and K Suresh, Director, ICAR-IIOPR discussed increasing oil palm production to 6.5 lakh ha. by 2025-26, import duty…

Godrej Agrovet’s oil palm plantation drive boosts sustainable farming in Andhra Pradesh

ICICI Securities recommended hold rating on Godrej Agrovet with a target price of Rs 480 in its research report dated August 02, 2023.

Hold Godrej Agrovet; target of Rs 480: ICICI Securities

Godrej Agrovet Consolidated June 2023 Net Sales at Rs 2,510.19 crore, up 0.01% Y-o-Y

Here are the earnings estimates of major firms that are scheduled to announce their results on Tuesday.

Godrej Agrovet, Redington, PVR Inox Q1 Results Today — Earnings Estimates

The RSI is a widely-used technical oscillator that measures the magnitude and velocity of recent price movements in a stock. RSI values range between 0 and 100, with readings above 70 considered overbought and readings below 30 considered oversold. RSI is calculated using the average gains and losse…

Polycab India, Godrej Agrovet among 10 overbought stocks with RSI above 70

In an exchange filing, the company said that the department of Agriculture and Cooperation, Government of Telangana, has allotted the land, which will be utilised to expand cultivation of oil palm and set up oil palm processing units.

Godrej Agrovet stock surges by over 5% after Telangana govt allots 47,000 acres for its oil palm business

Recently Godrej Agrovet inaugurated an edible oil refinery at Chintalapudi in Andhra Pradesh’s Eluru district

Godrej Agrovet gains 5% after land allotment for palm oil business

​But actually, a lot of our profits do come from our oil palm business, which is steadily growing. The government’s new policy on oil palm is very beneficial. We are getting new allocations in the Northeast and in Telangana which are very promising for the oil palm business.

We expect palm oil prices to be fairly steady: Nadir Godrej, Godrej Agrovet

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Godrej Agrovet Ltd is an agribusiness company. It is engaged in animal feed, oil palm plantations, agrochemicals and poultry