Dear Reader,
We recommended FCEL(Future consumer Enterprises Limited) on Aug 15, 2016.
It has gone up by 70% in just 8 months!!.
This stock was a great buy due to following reasons:
1) Pan India presence of Big bazaar outlets.
2) Expansion of product portfolio.
3) Higher proportion of value added products to existing stores.
4) Focusing on high margin products to boost gross margin.
5) In house products to boost profitability.
6) Low valuations on price to sales basis.
7) Focus on innovation leading to creation of new categories and products.
8) Focused distribution strategy.
Above reasons clearly shows that company is on track to high growth which will lead to multi bagger returns to its investors.The company is still young and presents a very interesting opportunity to add at the current levels.
Please reach out to ankurjainraj@gmail.com for any queries on this stock.
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