Top Stocks Expert SP Tulsyan has selected Jayant Agro-Organics stock as a top pick-up and advised to invest in the next 6 months’ perspective. Jayant Agro is the world’s largest company in castor oil. The company is a global leader in castor based specialty chemicals. The company has its own plants and has two joint ventures. The first joint venture is with the Arcta of France, which is the world’s largest consumer of castor oil. Second Zoint Venture Mitsui of Japan, Eto Chemical of Japan, SKK and the Holy of Korea are separate from all three, where castor based poly oil is made.
SP Tulsyan says that Jayant Agro has 110 products and R & D on 300 products. In the financial year 2017, the company had shown revenue of Rs. 1700 crores and operating profit was nearly double. In the financial year 2018, the company is expected to show at least 40 percent growths. Today is the company’s board meeting in which the company will consider the stock split. Apart from this, the company has a plan to do QIP. About 66-67 percent of promoters in the company have a stake. All of these seem to be seen that the share of Jayant – Agro can touch the target of Rs. 1200 with its current price in the next 6 months. So you can Buy and Book Profit.