Manorama Industries is consolidating from last 2 months, and is ready to explode as it breakout for a ATH. Other factors:
1. Manorama Industries is into a niche business of making exotic fat / butter from vegetable seeds, which are used in Cosmetics, Chocolates and Confectionary.
2. Sales & Profits are increasing - high demand for its products
3. Next 3-4 years growth strategy ready - a plant in Africa, entering in Cocoa Butter Alternative market.
4. After a long jump, stock is consolidating from last 2 months.
Manorama Industries is in a very niche business and its growth strategy is sound to take it to heights.
Keep following Cleaneasycharts for Rights Stocks at Right Time at Right Price!!
Cheers!!
1. Manorama Industries is into a niche business of making exotic fat / butter from vegetable seeds, which are used in Cosmetics, Chocolates and Confectionary.
2. Sales & Profits are increasing - high demand for its products
3. Next 3-4 years growth strategy ready - a plant in Africa, entering in Cocoa Butter Alternative market.
4. After a long jump, stock is consolidating from last 2 months.
Manorama Industries is in a very niche business and its growth strategy is sound to take it to heights.
Keep following Cleaneasycharts for Rights Stocks at Right Time at Right Price!!
Cheers!!
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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.