The only undervalued breweries company in India with strong sales growth and big capex for further expansion, Net Profit got affected only due to margin pressure.
Good to accumulate around 650-700 levels for the following targets.
Medium Term Target @ 1290 (90% ROI)
Long Term Target @ 1710 (150% ROI)
Long Term Positional Target @ 2800 (300% ROI in 3-4 years...
A potential cup with handle pattern is forming which can lead to a technical target of 1925.
RSI showing strong bullish divergence on daily TF.
Good to accumulate around 850-900 levels for the following targets:
Short term swing target of 1400 (55% ROI with 3.33 R:R)
Medium term swing target of 1925 (114% ROI with 6.83 R:R)
Long term positional target of 2800...
