Now days, we see, hear everywhere the fear of inflation. Inflation can disturb the taste of bullish market sentiment. After Ukraine war, global markets are cautious & faced some correction. In this cautious situation, money flow has diverted to banking, FMCG & blue chip stocks. ITC, NESTLE, HINDUNILVR ADANIWILMAR are like some stocks which gave good returns to their share holders. consumer goods, food sectors are looks good, BUT there are stocks who performed very BAD! Some of them are Zomato, burger king, barbeque nation, mrs bectors, devyani int & the list goes on…
So investors are looking for good co. which give good return, & its also important to diversify a fund in well balanced manner in every sector. The one who is bullish on consumer goods & food sector, must have leaders in his portfolio like ITC, HUL, NESTLE, along with this, some small hidden gems who are performing good growth should have some percent share in portfolio.
Recently there is a new stock listed named bikaji foods. although there are similar stocks already listed like prataap snacks. There is also a big business challenge from unlisted like haldiram, balaji wafers & local food companies. So Ready to eat & related food business is not easy & easy profit giving business, it requires big patience, new launches & innovations along with good branding. The time will tell who will be winner.
According to co. website & DRHP, co. works in business of biscuits, crackers, kurkure, snacks, cooking oil. Co is based of West Bengal, & had some local customers.
Well we will track, more even after listing this & other stocks. One point i want to add this post is that, investing in small/micro co. (SME/MSME stocks) triggers a additional moderate risk than the largecap stocks.
Disclaimer: This post shouldn’t be considered as promotional or in suggestion to invest. One should check, analyse , study carefully & then to choose to INVEST or NOT INVEST in IPO & such any stocks. We don’t provide any suggestion, recommendation, tips, advice in any manner. We don’t have any connection with above discussed companies & didn’t have any exposer/trading positions/holding in them.
Keep reading, keep learning, Happy investing!
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