Stage 2 starting? From concall: Home textile companies gaining market share: See, as we are all mentioning about China + 1, China has faced dual problems. One is the duty tariff which U.S. increased. And the other was the Xinxiang cotton. So they lost the ground in - - as far as cotton is concerned, into convincing the buyer to buy from them. Secondly, on the...
Company is deleveraging and delivered solid volume growth. Just check falling Debt and also read the article in Morning context That being said- their brands are ok-good and not strong like Radico or Sula. Market leader in Brandy. Co has delivered 43% volume growth and has become 0 debt today.
Blue Skies are waiting- All major resistances have been cleared. RSI>45 RS>80 ADX>20
Signs of reversal from a downtrend as new content launches happen in FY24
In Blue sky scenario with management guiding for 15-20% volume growth
Onward Tech Q4-FY23 Concall 1. Despite uncertain macro events, the company was able to achieve its target milestones. Witnessed growth in all 3 verticals. 2. Aspire to see continuous improvement in EBITDA margins; the top 25 clients continue to grow very well. 3. Pawan Nathani has joined as new CFO, he has 20+ years of experience in the industry. 4. Very...
Stage 4 recently started in IT index post poor results
SURYA: Seems to be on the cusp of UPSIDE IN THE NEAR TERM