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Globusspiritsltdlong

UPTO 300% ROI in Globus Spirits LTD (Multibagger Potential)The only undervalued breweries company in India with strong sales growth and big capex for further expansion, Net Profit got affected only due to margin pressure. Good to accumulate around 650-700 levels for the following targets. Medium Term Target @ 1290 (90% ROI) Long Term Target @ 1710 (150% ROI) Long Term Positional Target @ 2800 (300% ROI in 3-4 years max) There is a sharp decline in DII's shareholding pattern since SEP 2023. Do your own due diligence before taking any action. Peace!!
NSE:GLOBUSSPRLong
by Swastik24
Potential Cup with handle pattern in Globus Spirits LtdA potential cup with handle pattern is forming which can lead to a technical target of 1925. RSI showing strong bullish divergence on daily TF. Good to accumulate around 850-900 levels for the following targets: Short term swing target of 1400 (55% ROI with 3.33 R:R) Medium term swing target of 1925 (114% ROI with 6.83 R:R) Long term positional target of 2800 (211% ROI with 12.67 R:R) Optional stop loss @ 750 It should not take more than 2 years to achieve it's final target. Fundamentally undervalued with highest ever net profit. Organically expanding with more expansion plans until FY2024 and new product are ready for launch on Q2FY24. As always, do your own due diligence before taking any action. Peace!!
NSE:GLOBUSSPRLong
by Swastik24