India Top Razor and Blades company Ready for 11k Target
Gillette India one of the leading brand in personal care industry.
Breakout Came after 2019
Sales in 2019 vs Sales in 2024 - 1862/2633
Profit in 2019 vs Profit in 2024 - 384/627
Profit almost double in last 5 years
But the Stock Price CAGR only 4%
Promoter Holding is 75% + FII holding increase in last quarter and retail holding is decreasing
On Chart Breakout Comes after 2019 with Huge Vol. If you Notice in last few month the Vol. Bar increasing month by month with the Price.
At this Zone Risk Reward is in favorable condition for swing or positional trade. In the next week stock might retest the breakout zone around 8400 and after that we can expect good upside.
Breakout Came after 2019
Sales in 2019 vs Sales in 2024 - 1862/2633
Profit in 2019 vs Profit in 2024 - 384/627
Profit almost double in last 5 years
But the Stock Price CAGR only 4%
Promoter Holding is 75% + FII holding increase in last quarter and retail holding is decreasing
On Chart Breakout Comes after 2019 with Huge Vol. If you Notice in last few month the Vol. Bar increasing month by month with the Price.
At this Zone Risk Reward is in favorable condition for swing or positional trade. In the next week stock might retest the breakout zone around 8400 and after that we can expect good upside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.