Can it be a 100% idea from current levels?

504
Down by ~70% from it's ATH. Revenue and Net Profit improving with possibility of improving margins (with new acquisitions and premiumization).
Strong brand value.

Adani group out from promoters list which constantly generated bad PR in recent past.

There inventory cycle is of less than 2 months. And they are holding highest amount of inventory. Meaning all of it will sell in the quarter. We can create a correlation with expected sales.

CWIP also 25% of current assets - production capacity increasing.

The whole FMCG sector is ready for boost as it's been trading within a range from past few years.

Current prices are also lower than it's intrinsic value.

Technically seems like a cup with handle pattern in formation.

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