#Tatacoffee
CMP ₹ 265.75
Tata Coffee Ltd is involved in the business of instant coffee,tea,coffee roasting, grinding, blending,curing etc. It is Asia's largest integrated coffee company.According to an article in Business Line about 70% of coffee business is concentrated in South India and Tata Consumer pdts is determined to tap in to India's branded Coffee Market and has introduced targeted pdts for the northern region.Technically the chart of the script looking very strong. A 2 year long break out happened in the stock , a cup and handle formation is seen, an ascending triangle break out also can be expected soon in this stock. Fundamentally also it's improving. Debtor days reduced, Roa improving,Annual net profits increasing. Stock is now near at its 52 week high with significant volumes. Overall it has high potential in fundamental and technical side to become a serious player in the global market and a 30% growth can be expected in a short span of time.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP ₹ 265.75
Tata Coffee Ltd is involved in the business of instant coffee,tea,coffee roasting, grinding, blending,curing etc. It is Asia's largest integrated coffee company.According to an article in Business Line about 70% of coffee business is concentrated in South India and Tata Consumer pdts is determined to tap in to India's branded Coffee Market and has introduced targeted pdts for the northern region.Technically the chart of the script looking very strong. A 2 year long break out happened in the stock , a cup and handle formation is seen, an ascending triangle break out also can be expected soon in this stock. Fundamentally also it's improving. Debtor days reduced, Roa improving,Annual net profits increasing. Stock is now near at its 52 week high with significant volumes. Overall it has high potential in fundamental and technical side to become a serious player in the global market and a 30% growth can be expected in a short span of time.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
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