Honasa Consumer owns brands viz. Mama Earth; B Blut, Dr. Sheth; etc - a complete business line for cosmetics. Why this tock is heading for a big rise:
1. Multiple brands and not dependent on one brand
2. Growth of its products are rising
3. Last Quarter has best results
4. Technically, after falling 60%, it has given a breakout after 1 year with good volumes
5. Golden cross-over - 20EMA crossing over 50 & 200EMA
6. Promoters have increased stake in the company on QvQ
Given the above, the stocks is looking solid and is heading to move upwards.
Keep following Cleaneasycharts as we provide Right Stocks at Right Time at Right Price.
Cheers!!
1. Multiple brands and not dependent on one brand
2. Growth of its products are rising
3. Last Quarter has best results
4. Technically, after falling 60%, it has given a breakout after 1 year with good volumes
5. Golden cross-over - 20EMA crossing over 50 & 200EMA
6. Promoters have increased stake in the company on QvQ
Given the above, the stocks is looking solid and is heading to move upwards.
Keep following Cleaneasycharts as we provide Right Stocks at Right Time at Right Price.
Cheers!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.