MARICO LTD
Long
Aggiornato

MARICO! The Large Cap we needed.

456
Hello dosto. Hope you all are fine.
I am back with a new stock analysis.
The levels are marked in the chart.

Marico is good large-cap FMCG company.
The stock has been consolidating for few years, and recently gave a very good breakout.
I hope it will push further and reach the mentioned levels.
Yearly profit growth is good. Although, quarterly results for the most recent quarter were a bit average.
Stock P/E is high ~ 57.1
ROE is high too ~ 38
RSI/MACD also give a bullish outlook.

This is for Educational purposes only. Not a buy/sell advice.
Trade attivo
Near Target.
Nota
News Alert: The Bangladesh market makes up around 12 percent of Marico's total revenue. 4% dip yesterday possibly due to Bangladesh's internal crisis.
Trade chiuso: obiettivo raggiunto

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