The company has 5 major business segments such as-
- Animal Feed Business
- Crop Protection
- Palm Oil Business
- Poultry and Processed Food
- Dairy Business
Talking about the finance, the revenue of the company is rising year after year and the profit as well, but the company currently not able to maintain good profit margin due to debt in the books and poor performance in 2 segments i.e. Dairy and poultry segment.
If we see technically, we can see a 38% fall in the last 9 months and currently it is trading at a strong support area of Rs. 480 levels.
I have shared my personal opinion, I do not suggest you buy or sell a stock. Please do your analysis before any investments.
Stockoholic- Ketan Agarwal
13th Mar 2022