It's just giving a breakout and forming Cup and Handle pattern.
Take a long until the quarterly result shows strong growth.
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.
Reason for long
Prices for raw materials and packing materials were lower, lower during the quarter
The volume growth can come in the festival session
The FII And DII holding increased
During the quarter, they acquired 49% stake in small brand, Bhujialalji Private Limited
Keep track the quarterly result and concoll of company
Take a long until the quarterly result shows strong growth.
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.
Reason for long
Prices for raw materials and packing materials were lower, lower during the quarter
The volume growth can come in the festival session
The FII And DII holding increased
During the quarter, they acquired 49% stake in small brand, Bhujialalji Private Limited
Keep track the quarterly result and concoll of company