MARICO LTDLong
Marico for next quarter
Found Marico interesting for next 1 quarter.
Reason-
1) Huge investments worth 20k Cr coming in for diversification of product as well as manufacturing.
2) Increasing profits this quarter, showing a positive trend.
3) Looks undervalued on the charts.
Let's see if it can hit 560 again till Jan 2024.
Stoploss would be below 515.
let me know what you think.
Reason-
1) Huge investments worth 20k Cr coming in for diversification of product as well as manufacturing.
2) Increasing profits this quarter, showing a positive trend.
3) Looks undervalued on the charts.
Let's see if it can hit 560 again till Jan 2024.
Stoploss would be below 515.
let me know what you think.
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