The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

avadhgroup.com

Stage

Corporate Majority | Acquired

Valuation

$0000 

About Avadh Snacks

Avadh Snacks distributes snack foods including fryums and namkeen.

Avadh Snacks Headquarter Location

Nikava Kalavad Road

Gujarat, 361162,

India

9512400301

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Latest Avadh Snacks News

Budget 2021 Stocks With Anil Singhvi - Prataap Snacks is a stock to buy, says Market Guru; popular brands are Yellow Diamond, Rich Feast and Avadh Snacks

Jan 15, 2021

Top Stocks to Buy with Anil Singhvi – Prataap Snacks: In today’s edition of Stocks in Your Budget with Zee Business Managing Editor Anil Singhvi, Senior Research Analyst Varun Dubey brings another stock that will be in flavour till the budget announcement on 1 February and even thereafter. This stock is from FMCG space. Know what stands out for Prataap Snacks The Market Guru said that Prataap Snacks is an excellent company and is currently available at very attractive valuations 11:51 am RELATED NEWS Top Stocks to Buy with Anil Singhvi – Prataap Snacks: In today’s edition of Stocks in Your Budget with Zee Business Managing Editor Anil Singhvi, Senior Research Analyst Varun Dubey brings another stock that will be in flavour till the budget announcement on 1 February and even thereafter. This stock is from FMCG space. Know what stands out for Prataap Snacks. Dubey said that Pratap Snacks is into the business of manufacturing and marketing snack items. One can relate with this company through its popular brands Yellow Diamond, Rich Feast and Avadh Snacks. See Zee Business Live TV Streaming Below: Whether it is cinema halls, schools or Indian Railways, whose stocks have been gaining because of the unlockdown, Prataap Snacks has a direct relation with all of them. Its products are sold in schools, railways and cinema halls and this company will gains from the opening of all the three, Dubey said. Prataap Snacks has been increasing its reach and products and has done many acquisitions. It is planning to increase its capital expenditure over the next three years. Watch Zee Business Tweet Video Below: आपके बजट में सस्ता शेयर... पैकेज्ड स्नैक्स मैन्युफैक्चर करने वाली इस कंपनी का शेयर मिटाएगा आपके मुनाफे की भूख... दमदार रिटर्न के लिए पोर्टफोलियो में जरूर करें शामिल....अनिल सिंघवी से जानिए शेयर में निवेश के 4 बड़े कारण #BudgetOnZee #Budget2021 @AnilSinghvi_ @VarunDubey85 pic.twitter.com/W7FKSjzI8Z Prataap Snacks: Stock Valuations Dubey said that Prataap Snacks stock is undervalued. The debt-to-equity ratio is 1 while the return on equity is 6.1. The price-to-book value is at just 2.3. The company stock used to trade at a PE multiple of 40. The industry PE is around 72. The PE is expected to remain at 35 in FY22 and 23 in FY 23. It is in direct competition with DFM Foods, whose share trades at a PE multiple of 70. Prataap Snacks is currently trading at half the price from its lifetime highs of Rs 1450. There is a lot of comfort in this stock in terms of valuations. This is a turnaround story, Dubey said Prataap Snacks share price was trading around Rs 664 in morning. Anil Singhvi's View on Prataap Snacks The Market Guru said that Prataap Snacks is an excellent company and is currently available at very attractive valuations. Singhvi said that this stock got a bumper listing when its Initial Public Offer was bought and it traded at high prices even after the listing. Prataap Snacks promoter stake is around 71 per cent and if stakes of institutional investors is taken into account, it comes to 93 per cent. The company's products target people in low-income groups. They have a lot of opportunity in this segment. The growth has been strong with tremendous outlook as schools and malls open. At the time of uploading this story, Prataap Snacks share price is trading 721.55 INR, up by 57.05 or 8.59% on NSE.

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