Rossell India Breakout

Apr 21, 2022

1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop

After a consolidation since July 2021, ROSSELLIND has given a high volume breakout today. Buy with stop at ₹197.

Apr 21, 2022

Note

Other fundamentals:
1. Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9 years in the A&D division. The company’s promoter has around three decades of experience in the tea industry.

2. The company has delivered good profit growth of 37.20% CAGR over last 5 years.

3. The Company is engaged in the following businesses:
Rossell Tea Division:
Cultivation, Manufacture, and Sale of Black Tea. (primarily the orthodox variety of tea) Segment contributed 46% of Revenue in FY20 which used to be 75% in FY16.

Rossell Techsys Division:
Started in 2011, this division undertakes Build to Specifications (BTS) and Build to Print (BTP) services for leading global OEMs. This segment contributed 52% in FY20 which used to be 18% in FY16.

4. For Aerotech Division, the company's manufacturing facility is located at Aerospace Park, Bangaluru. The first phase has 1.75 sq ft area and in final phase of expansion, it will increase to 4.25 sq ft.

5. The company’s tea production is exported to many countries such as the USA, UK, Germany, Japan, Iran, and UAE. Its A&D sector clients include Boeing and Lockheed Martin, Indian Defence Forces, Defence Public Sector Undertakings, etc. Co has been winning supplier of the year award.

6. Future Plans: -
For A&D Division
The company has signed up teaming agreements in the US and Israel, aimed at making inroads with (a) the US government and (b) exploring opportunities with Israeli Defense. The co is seeing nature of the RFPs received expand into areas such as complex consoles, box builds, ATE’s and electrical panel assemblies. A new facility has been set up in Bangalore with an investment of over 90 Cr with enhanced capabilities to meet the needs for quality and timely production by Rossell Techsys Division.

For Tea Division:
The Company continues to explore new markets and customers in Canada and the USA. Emphasis is given to sell the produce at the quality-conscious segment of the market for better realization and higher Exports. The Company proposes to continue its policy to produce and market “a quality product through prudent cost management".

Apr 21, 2022

Note

Rossell Techsys and Knight Aerospace team up to deliver new solutions.

Read more At:
aninews.in/news/business/business/rossell-techsys-and-knight-aerospace-team-up-to-deliver-new-solutions20220324114833/

Apr 21, 2022

Note

Flavor Tea Market Still Has Room To Grow: Unilever, Rossell, Jay Shree Tea.

Read more At:
blackswanzine.com/flavor-tea-market-still-has-room-to-grow-unilever-rossell-jay-shree-tea/