MARICO! The Large Cap we needed.
Hello dosto. Hope you all are fine.
I am back with a new stock analysis.
The levels are marked in the chart.
Marico is good large-cap FMCG company.
The stock has been consolidating for few years, and recently gave a very good breakout.
I hope it will push further and reach the mentioned levels.
Yearly profit growth is good. Although, quarterly results for the most recent quarter were a bit average.
Stock P/E is high ~ 57.1
ROE is high too ~ 38
RSI/MACD also give a bullish outlook.
This is for Educational purposes only. Not a buy/sell advice.
I am back with a new stock analysis.
The levels are marked in the chart.
Marico is good large-cap FMCG company.
The stock has been consolidating for few years, and recently gave a very good breakout.
I hope it will push further and reach the mentioned levels.
Yearly profit growth is good. Although, quarterly results for the most recent quarter were a bit average.
Stock P/E is high ~ 57.1
ROE is high too ~ 38
RSI/MACD also give a bullish outlook.
This is for Educational purposes only. Not a buy/sell advice.
Trade active
Near Target.Note
News Alert: The Bangladesh market makes up around 12 percent of Marico's total revenue. 4% dip yesterday possibly due to Bangladesh's internal crisis.
Trade closed: target reached
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.
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.