Here are some undervalued ethanol companies with good fundamentals:
- Shree Renuka Sugars Ltd. (SRNL)
- E.I.D. - Parry (India) Ltd. (EIDPARRY)
- Balrampur Chini Mills Ltd. (BALRAMCHINI)
- Triveni Engineering & Industries Ltd. (TREI)
These companies have strong financials, including healthy profit margins, low debt levels, and robust cash flows. They are also well-positioned to benefit from the growing demand for ethanol in India.
The Indian government is targeting to blend 20% ethanol in petrol by 2025. This is expected to boost the demand for ethanol significantly. As a result, these companies are expected to see strong revenue and earnings growth in the coming years.
Shree Renuka Sugars Ltd. is one of the leading ethanol producers in India. The company has a strong track record of profitability and has been consistently generating positive cash flows. It also has a low debt-to-equity ratio.
E.I.D. - Parry (India) Ltd. is another leading ethanol producer in India. The company has a strong brand name and a diversified business portfolio. It is also expanding its ethanol production capacity.
Balrampur Chini Mills Ltd. is one of the largest sugar and ethanol producers in India. The company has a strong track record of profitability and has been consistently generating positive cash flows. It also has a low debt-to-equity ratio.
Triveni Engineering & Industries Ltd. is a leading manufacturer of sugar and ethanol plants. The company is also expanding its ethanol production capacity.
It is important to note that all investments carry risk. You should carefully consider your investment objectives, risk tolerance, and time horizon before investing in any stock.
Disclaimer: I am not a financial advisor and this is not financial advice.
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