Zydus Wellness Ltd. CMP – 1571.75 (Long Term Investment Idea) (Many Consider It a Portfolio Stock Due to high Monopoly in Sugar Free Market - Close to 90%).
Market Capitalization Rs 10,001.4Cr
Red Flags:🟥
High Valuation (P.E. = 35.6)
MFs are decreasing stake
Green Flags:🟩
No debt
Low debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net...
Zydus is oscillating in the buying zone for quite a long time! There is no clear divergence, however, I would like to invest 1% of capital in it with a long term view. Again no SL is decided as amount investment is only 1% of capital invested. Will deploy SL to protect profit.
Entry Price: 1476
Qty: 7
Target: 30-40%
Time: 1-2 years
Zydus Wellness is a company with strong Market share about (90%+) in Sugar substitute products. Sugar-Free is synonymous with Sugar substitute. The other brands associated with the Company are Complan, Glucon-D, Everyuth, Nycil, Sugarlite, Nutralite, SugarFree D’lite etc. CMP of the share is 1481.65. Negatives of the company are High valuation (P.E. = 31.6),...
Flag Pattern broke around 1850 and we achieved 2200. It reacted on FIB 1.414 with profit booking. However, trend is still strong and around 2050-2070 is a good support
Zydys Wellness Limited , current price Rs.1,904/- , bullish ichimoku set up , breakout with good volumes at Rs.1,751/-, ascending channel, ready to move higher towards Rs.1,946 and then towards 2,000/- strong bullish bias.Immediate support lies at Rs. 1849. Ichimoku base line support lies deep at Rs. 1,759, in case price retracts then strong chance of bounce...
