Consumption sector stocks are at rally in expectation of government probable focus on rural area & good monsoon, both these activity will attract money flow towards rural area of India and hence there consumption will increase. And that is why are the stocks that have rural exposure at showing growth. Let’s discuss these companies and how they look on chart.
Dabur India: 20 DMA is above 90 DMA and that’s a positive for stock , in last few days stock is going down and for now it has taken rest on its 20DMA. Stock EPS is 57 which against sector EPS of 65 is cheaper. On YOY basis company revenue, profit and margin have grown but QoQ margin have taken a hit. Stock has given only 4% return on YOY basis. Stock has taken a hit of around 6% from its 52 W high because of some news around weakening of monsoon.
Marico Limited: 20 DMA is above 90 DMA and that’s a positive for stock , in last few days stock is going down and for now it has also gone bellow its 20DMA. Stock EPS is 53 which against sector EPS of 68 is cheaper. On YOY basis company revenue, profit and margin have grown but QoQ margin have taken a hit. Stock has given 15% return on YOY basis. Stock has taken a hit of around 8% from its 52 W high because of some news around weakening of monsoon.
Page Industries: 20 DMA is above 90 DMA and that’s a positive for stock , in last few days stock has crossed its resistance of 39700. Stock EPS is 78 which against sector EPS of 52 is expensive. On YOY basis company revenue, profit and margin have grown but QoQ margin have taken a hit. Stock has given only 3% return on YOY basis.
Godrej Consumer: 20 DMA is above 90 DMA and that’s a positive for stock , in last few days stock is going down and for now it has also gone bellow its 20DMA. Stock EPS is negative which against sector EPS of 65. On YOY basis company profit and margin have de-grown. Stock has given 27% return on YOY basis. Stock has taken a hit of around 7% from its 52 W high.
Britannia India: 20 DMA is above 90 DMA and that’s a positive for stock , in last few days stock is going down and for now it has also gone bellow its 20DMA. Stock EPS is 53 which against sector EPS of 68 is cheaper. On YOY basis company revenue, profit and margin have grown but QoQ margin have taken a hit. Stock has given only 15% return on YOY basis. Stock has taken a hit of around 8% from its 52 W high because of some news around weakening of monsoon.
We will cover more stocks soon and will edit in the same article, this post will keep under edit. (Keep your Watch)
Disclaimer :- All the facts & the figure presented in the article are taken from internet and all the opinion presented in the article are authors personal opinion and this is not at all an investment suggestion. Before any buying and selling in the stock, please check with your investment advisor.
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