Houseware: India is forecasted to become the 5th largest consumer market in the world by 2025. Currently, the country is experiencing a 12 % year on year growth in consumer expenditure as against a global increase of 5%. 100 plus million middle-class Indian households will show high growth in their consumption pattern owing to increase in their incomes and moving them upwards into affluent and elite segments.
La-Opala : Cmp: 260: A debt Free, Finest margin and good R-O-E company from houseware segment. Company able to grow from 55 cr to 255 cr revenue during last decade ie. 5X and Profit from 1Cr to 7cr ie 7X. Hence investment in this company is already 80X. A wealth creator. Many people in this group already hold this company since 2014 at 15 and still no need to worry. We have seen this stock in range since last 3 years so can accumulate during this range bounce phase near 225 and we may see multi year rally from here.
TNPetro : cmp: 41 : A company from commodity segment which we have been buying since last 2 quarters. Overall commodity chem segment should be in focus and we may see many wealth creating companies from this segment. Tnpl Current year revenue has been grown by 7% and net Profit has grown by 389%. Already many people from this group have just bought this near 55 now again this stock can be accumulated in the range of 45 to 36 with this next Year target 102 and can hold this company for next 5-10 years.
Tea & Coffee :
McleodRuss: cmp: 145 : A company from tea & coffee segment. Current year revenue and Net profit are increased by 10% and 240% respectively. A good turnaround in business has been seen this year. Company has announced Buy-back offer at 210. Buying can be done in the whole range of 182 to 129 all with next 2 year target of 354. Nomura has just bought 6.3 crore shares 1st time in november at 235. Many people in this group are also accumulating since 190 during last quarter.
Disclosure : Do Not buy or sell before consulting your advisor as writer may have position in above given stocks.
