Friday, September 25, 2020

Bajaj Consumer ( BAJAJCON ) | CMP: 178 | Multi Bagger Share | Price Outlook

 

Bajaj Consumer Limited (BAJAJCON)

Stock/Share Price: 178


➽ In this article we will discuss recent development in the StockShare of BAJAJCON in the Stock Market. Company is trading at a very low valuation in comparison to other companies of the same group. BAJAJCON share on both fundamentally and technically looks very attractive and should be considered for the long term investing. 

Recent Key Strengths

➽ Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Company with Zero Promoter Pledge

Strong Momentum: Price above short, medium and long term moving averages


Recent Weaknesses

➽ Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Declining Net Cash Flow : Companies not able to generate net cash

Fall in Quarterly Revenue and Net Profit (YoY)


Technical Chart 

bajaj consumer share price , finvestonline.com

BAJAJCON is trading at a very low valuation in comparison to other companies of the same group. BAJAJCON share on both fundamentally and technically looks very attractive and should be considered for the long term investing. 

After a long correction from the level of 540 the stock made a bottom of 116 and after consolidation started rising.

Stock has given a long term breakout at 140 with huge volume and now 140 should be considered as long term support of the stock.

As now long term trend of the stock is now positive , so long term buy position should be taken in this stock at current level for a short term target of 220mid term target of 280 and long term target of 480 in the stock. Currently  it has all the potential of multi time growth and should be considered for long term investing. 


Recent Valuation Summary

bajaj consumer share price , finvestonline.com

BAJAJCON  is trading on P/E of 13.97 which is very low as compared to the industrial average of 66.


Recent Annual Results

bajaj consumer share price , finvestonline.com

Recent financial summary also representing the sign of improvements. Net Profit jumps more than 2 Times.

Key Balance Sheet Summary

bajaj consumer share price , finvestonline.com

BAJAJCON  equity capital is only 14 cr. and reserves are increasing for the 3 previous years , showing a good performance.


So , BAJAJCON on both fundamentally and technically looks very sound and has all the potential to become a mulibagger in the upcoming future. 


Thanks for your Precious Time.


Finvest Online
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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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