0 likes | 13 Views
As Crude Oil has been in focus lately with prices of Brent Crude Oil Futures fluctuating, the world is paying special attention to oil, petroleum, and petroleum products. Companies related to petroleum and petroleum products are currently in focus. Thus, this would be an excellent opportunity to take trades in the stocks of these companies. This requires a basic understanding of the current scenario of crude oil and some background on what the company does so we can take positions based on oil price movements. In this blog, we will be discussing the top petrochemical stocks in India.
E N D
TOP PETROCHEMICAL TOP PETROCHEMICAL STOCKS IN INDIA STOCKS IN INDIA
INTRODUCTION INTRODUCTION As Crude Oil has been in focus lately with prices of Brent Crude Oil Futures fluctuating, the world is paying special attention to oil, petroleum, and petroleum products. Companies related to petroleum and petroleum products are currently in focus. Thus, this would be an excellent opportunity to take trades in the stocks of these companies. This requires a basic understanding of the current scenario of crude oil and some background on what the company does so we can take positions based on oil price movements. In this blog, we will be discussing the top petrochemical stocks in India. The Organization of Petroleum Exporting Countries projected robust increase in crude oil demand for 2023 in their Monthly Oil Market Report. The International Energy Agency also mentioned that they expect crude oil demand to rise next year. These positive demand outlooks bode well for petrochemical stocks and might lead to higher revenues for the companies and better earnings per share for shareholders. kundkundtc.com
TOP PETROCHEMICAL STOCKS IN INDIA TOP PETROCHEMICAL STOCKS IN INDIA Let us look at the list of best petrochemical stocks to help us decide which ones are good investment opportunities. We will make our decision based on financial ratios since we use Fundamental Analysis for long-term investment decisions. Net profit margin, 3 years CAGR net profit, return on equity, debt to equity ratio, earnings per share, price to earnings ratio, dividend per share, promoter’s shareholding, market capitalization, and change in revenue and net profit are the fundamental analysis parameters we will take into consideration to select best cement stocks for long term investments. kundkundtc.com
SUPREME PETROCHEM SUPREME PETROCHEM Supreme Petrochem Ltd is a small cap company that manufactures and sells specialty polymers, polystyrene, extruded polystyrene foam boards, etc. in India and internationally. It provides general purpose, high impact, and expandable polystyrene products. Supreme Petrochem has a market capitalization of ₹7103.26 Cr and a P/E Ratio of 11.12. The Dividend yield is 0.95% and the Promoter’s shareholding is 64.14%. The company’s revenue fell by 16.9% and net profit dropped 68.78% in the July to September 2022 quarter.
SAVITA OIL TECHNOLOGIES SAVITA OIL TECHNOLOGIES Savita Oil Technologies Ltd. was formerly known as Savita Chemicals Ltd. It manufactures and markets petroleum products such as lubricating oils, white oil, petrolatum, petroleum jellies, transformer oils, liquid paraffin, etc. It also manufactures wax and derivatives of wax. Savita Oil Technologies has a market capitalization of ₹2180.12 Cr and a P/E Ratio of 7.73. The Dividend yield is 1.58% and the Promoter’s shareholding is 71.81%. The company’s revenue dropped by nearly 4% and net profit fell 22.99% in the July to September 2022 quarter. kundkundtc.com
GULF OIL LUBRICANTS INDIA GULF OIL LUBRICANTS INDIA Gulf Oil Lubricants India Ltd manufactures lubricants for automobiles and industrial sectors. They manufacture engine oil, gear oils, greases, thermic fluids, slideway oils, marine lubricants, turbine oils, hydraulic oils, etc, It primarily exports its products to Bangladesh, Indonesia, Qatar, Africa, and Singapore. The company was formerly called Hinduja Infrastructure Limited. Gulf Oil Lubricants India has a market capitalization of ₹2228.32 Cr and a P/E Ratio of 9.71. The Dividend yield is 1.10% and the Promoter’s shareholding is 72.02%. The company’s revenue increased by almost 2% and net profit slipped 5.45% in the July to September 2022 quarter. kundkundtc.com
PANAMA PETROCHEM PANAMA PETROCHEM Panama Petrochem Ltd. manufactures specialty petroleum products including paraffin oil, petroleum jellies, industrial oils, transformer oils, etc. It provides its products to industries like textile, pharmaceuticals, power, printing, rubber, etc. Panama Petrochem has a market capitalization of ₹2185.94 Cr and a P/E Ratio of 9.02. The Dividend yield is 0.18% and the Promoter’s shareholding is 70.36%. The company’s revenue gained 11.25% and net profit rose by 4.69% in the July to September 2022 quarter. kundkundtc.com
TH THA ANK Y NK YO OU U Read more about any information please visit https://kundkundtc.com