Top edible oil stocks to watch out for in India

As edible oil prices are double-hit by Ukraine, earlier, and now Indonesia, Editorji lists down 5 edible oil stocks that will remain in focus:

1. Adani Wilmar: Adani Wilmar is the largest edible oil stock on the Indian exchanges as per the market capitalisation. Adani Wilmar is the parent company of the popular edible oil brand Fortune under which it offers soyabean oil, palm oil, sunflower oil, etc. Shares of Adani Wilmar are up over 180 percent in one year.

2. Ruchi Soya: Baba Ramdev-owned Ruchi Soya is the largest manufacturer of edible oil in India. Ruchi Soya Industries Limited is engaged primarily in the business of processing oilseeds and refining crude oil for edible use. Its brands include Nutrela, Mahakosh, Sunrich, Ruchi Gold, and Ruchi No.1.

3. Gujarat Ambuja Exports Ltd: The company is engaged in the manufacturing of corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils.

4. Agro Tech Foods Ltd: Agro Tech Foods Ltd is primarily engaged in the business of manufacturing and trading of edible oils and food products.

5. Gokul Agro Resources Ltd: Gokul Agro is one of India's prime processors and manufacturers of various edible and non-edible oil and allied products.