AMBIKACO: Favourable Risk Reward
Good Risk Reward around 1500
Momentum above 1870
Very well managed company, could be a beneficiary of the upcoming export target laid by GOI for the textile sector.
Watchout for the increasing trend in inventory build-up (concerning), which should reduce over the coming quarters translating to higher sales growth. What would the company do w.r.t the cash they receive would throw more light on the future growth rate of the company.
Momentum above 1870
Very well managed company, could be a beneficiary of the upcoming export target laid by GOI for the textile sector.
Watchout for the increasing trend in inventory build-up (concerning), which should reduce over the coming quarters translating to higher sales growth. What would the company do w.r.t the cash they receive would throw more light on the future growth rate of the company.
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