Momentum in Bajaj Consumer building slowly.
Bajaj Consumer Ltd. is one of India's leading FMCG companies with major brands in the hair care and skin care category. The company's main brand is Bajaj Almond Drops in the hair oil category. It markets its skin care products under the brand No-marks. The company is a part of the Shishir Bajaj Group of companies.
Bajaj Consumer CMP is 219.60. The Negative aspects of the company are Declining annual net profit and Declining cash from operations. The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake and MFs are increasing stake.
Entry can be taken after closing above 225. Targets in the stock will be 232 and 240. The long-term target in the stock will be 251. Stop loss in the stock should be maintained at Closing below 206.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Bajaj Consumer CMP is 219.60. The Negative aspects of the company are Declining annual net profit and Declining cash from operations. The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake and MFs are increasing stake.
Entry can be taken after closing above 225. Targets in the stock will be 232 and 240. The long-term target in the stock will be 251. Stop loss in the stock should be maintained at Closing below 206.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
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