Max Financial, Mphasis, Emami, HDFC AMC, Pfizer, Network18, Godrej Agrovet, Laurus Labs and Motilal Oswal Financial were among 34 stocks from the S&P BSE 500 index hit their respective 52-week lows.

Reliance, Wipro, Jubilant FoodWorks, Crompton Greaves hit 52-week lows

Godrej Agrovet Ltd has proposed to invest Rs 100 crore to set up a refining plant for edible oils in Andhra Pradesh.

Godrej Agrovet inks pact with AP govt to set up edible oils refining plant

The company already has 45,000 hectare area of oil palm plantation area in Andhra Pradesh (AP). The proposed new plant will have a projected refining capacity of 400 tonnes per day and will be set up in Seethanagaram, Eluru District in AP.

Godrej Agrovet inks pact with AP govt to set up edible oils refining plant at Rs 100 crore

Godrej Agrovet signs MoU with Andhra Pradesh Govt to set up the manufacturing facility in Eluru dist

Godrej Agrovet to invest ₹100 cr in edible oil unit at Seethanagaram in Andhra

EY to advise Creamline Dairy Products on supply chain cost efficiencies through direct procurement of milk

Godrej Agrovet engages EY to boost margins of its dairy business

Motilal Oswal is bullish on Godrej Agrovet recommended buy rating on the stock with a target price of Rs 570 in its research report dated February 09, 2023.

Buy Godrej Agrovet; target of Rs 570: Motilal Oswal

Godrej Agrovet advanced 1.62% to Rs 457.10 after the godrej group company reported 78.9% jump in consolidated net profit to Rs 116.42 crore in Q3 FY23 from Rs 65.06 crore in Q3 FY22.

Godrej Agrovet rises as Q3 PAT soars 79% YoY

Godrej Agrovet Standalone December 2022 Net Sales at Rs 1,740.51 crore, up 12.72% Y-o-Y

Godrej Agrovet Consolidated December 2022 Net Sales at Rs 2,323.50 crore, up 11.79% Y-o-Y

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The agribusiness company has been grabbing market share in the cattle feed business, which has boosted revenue for several quarters and helped to soften the blow from high costs at its vegetable oil unit.

Godrej Agrovet third-quarter profit jumps on animal food demand

Hasn't faired 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 underpriced and is not in the overbought zone

Current price is less 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