Great entry point with Supper Powerful Bullish setup!
Technical analysis shows new strength emerging in TATA Consumer.
Fundamentals in favor:
1. Company's leadership is trying to reduce debt & working capital year on year
2. Market leader in Salt & Tea (Almost monopoly)
3. Venturing into other ready made kitchen segments : idle, poha & etc
[Most Imp trigger]
4. Acquisition of Big basket will transform this company into 3rd e retail giant after Amazon & jio Mart.
5. Only FMCG company capable of +20% ROCE for next 4-5 years!!
Verdict: If you can happily invest & forget about it for next 3 years, then it will easy give around 200% returns!
Disclosure: Invested, Follow your risk management if you may enter.
Fundamentals in favor:
1. Company's leadership is trying to reduce debt & working capital year on year
2. Market leader in Salt & Tea (Almost monopoly)
3. Venturing into other ready made kitchen segments : idle, poha & etc
[Most Imp trigger]
4. Acquisition of Big basket will transform this company into 3rd e retail giant after Amazon & jio Mart.
5. Only FMCG company capable of +20% ROCE for next 4-5 years!!
Verdict: If you can happily invest & forget about it for next 3 years, then it will easy give around 200% returns!
Disclosure: Invested, Follow your risk management if you may enter.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.