NYKAA Cup and hndle pattern Breakout Chart

   

                  Bajaj consumers Cup and Handle Pattern Breakout                                  

Technical Analysis

Ø  Market Cap                   ₹ 3,849 Cr.

Ø  Current Price               ₹ 270

Ø  High / Low                    ₹ 274 / 186

Ø  Stock P/E                          24.8

Ø  Book Value                  ₹ 58.2

Ø  Dividend Yield              1.85 %

Ø  ROCE                               23.2 %

Ø  ROE                                 19.2 %

Ø  Face Value                  ₹ 1.00

Ø  Industry PE                   43.1

Ø  Promoter holding        39.3 %

Ø  Pledged percentage     0.00 %

Ø  Debt to equity               0.01

Ø  Profit Prev 12M         ₹ 160 Cr.

Ø  EPS                               ₹ 10.9

Ø  Price to book value      4.63

Ø  eve bida.      19.1

Ø  Price to Earning            24.8

Ø  No. Eq. Shares               14.3 Cr.

Ø  Change in Prom Hold  0.05 %

 

About

Cosmetics, toiletries, and other personal care items are sold by Bajaj Consumer Care. The business is present in both home and foreign markets.

Daily Time Frame Chart(Breakout and retesting are Done)

Product Portfolio

Co is present in every area of personal care, from skin care to hair care. Its product offering includes over 100 SKUs and 15 Brands. Bajaj Coconut Oil, Bajaj Coco Onion, and Bajaj Almond Drops are a few of its product names.
The company became one of the hair oil industry's fastest-growing in FY23.

Weekly Time frame chart

Market Position

Bajaj Almond Drops Hair Oil from Co. commands a market share of more than 60%, making it a top brand in the light hair oil category.
In Bajaj Almond drops received 77% of the entire marketing budget in FY23, a 37% increase in spending. As a brand spokesperson, Kiara Advani joined the team.

Global Position

Co is present in more than 30 countries worldwide, with a concentration on the African, Middle Eastern, Gulf and SAARC, and ASEAN regions.

E-Commerce

Co. has a presence on 11 B2C and 9 B2B platforms. Sales of e-commerce increased by 160% in FY23. This commerce generated 21 percent of the total revenue.

High advertising of Brand Promotion

Almost 20% of FY23 sales came from advertising costs. The business is focusing hard on influencer-based digital media marketing.

Focus

In the upcoming years, the company intends to concentrate on growing the share of its non-ADHO portfolio.

PROS

Ø  Company is almost debt free.

Ø  Sales increases continues

Ø  Reserve cash increases

Ø  FII holding more than 14%

Ø  DII holding more than 17%

 

CONS

Ø  The company has delivered a poor sales growth of 1.39% over past five years.

Ø  Working capital days have increased from 77.5 days to 226 days