ArjitGarg

Marico for next quarter

Long
NSE:MARICO   MARICO LTD
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.

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