Money-making opportunity! In chat with Anil Singhvi, Sandeep Jain recommends DFM Foods as a stock to buy
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Saab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from.
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Saab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has the potential to give high returns to investors. The stock he picked today is DFM Foods Limited and here is why.
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DFM Foods Limited is located in New Delhi, India, and is part of the Snack Foods Manufacturing Industry. DFM Foods Limited has 530 employees across all of its locations and generates $70.40 million in sales (USD). There are 16 companies in the DFM Foods Limited corporate family.
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बेहतरीन क्वालिटी वाली कंपनी का दमदार शेयर
DFM FOODS पर क्यों बुलिश हुए मार्केट एक्सपर्ट संदीप जैन?
जानिए कंपनी के फंडामेंटल, बैकग्राउंड, खरीदारी के स्तर और टार्गेट@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/FdZt8t7QHA
— Zee Business (@ZeeBusiness) May 3, 2021
In today's episode, market analyst Sandeep Jain said: "If we talk about the fundamentals of DFM Foods Limited, the good thing is that this company has performed well in the last few quarters. The return on capital employed of the company is 16-17 percent, Return on equity is 17 percent. In the last three years, the sales CAGR (Compound Annual Growth Rate) of the company is 15 percent and In the last seven years, the profit CAGR of the company was 20 percent."
"The PAT (profit after tax) of the company in 2019 December was 3.25 crores but in 2020 December, the PAT of the DFM Foods Limited was 9.5 crores in December 2020. The stock of the company is available at good levels. I'm very bullish on this stock," Jain said during the show.
DFM Foods Limited: Investors Strategy
On what should be the strategy that a stock market investor can maintain in regard to DFM Foods Limited shares, Jain told Anil Singhvi, "DFM Foods Limited stock is currently trading around Rs 354.75 and one can target this stock at Rs 390-410."
10:28 AM IST