Three Blue Chip Stock Trading @ 52 WEEKS Low
Amid global instability, the Indian market has been significantly impacted by foreign institutional investors (FIIs) pulling out their funds. This exodus of capital often reflects a broader risk-off sentiment among global investors due to uncertainties such as geopolitical tensions, fluctuating interest rates, or economic slowdowns in key markets.
Nifty50 Trend
Since September 2024, the NSE INDIA has been on a downward trend, triggering a broader market correction. This decline has led to a significant downward movement in many stocks. Despite being fundamentally strong, several quality stocks have also experienced corrections during this phase.
Three Stocks Trading Near 52 Weeks Low
- Britannia Industries
- Berger Paints
- TATA Products Limited
Note: FMCG STOCK, Heavy Sell Off by FIIS in FMCG Sectors, led this stock trading at 52 Weeks Price.
Buy and Sell of by FII as.
15 Oct 2024 ₹ -6818 Cr.
31 Oct 2024 ₹ -4764Cr.
15 Nov 2024 ₹ -3589 Cr.
30 Nov 2024 ₹ +2154 Cr.
15 Dec 2024 ₹ -1655 Cr.
Stock Details
1. BRITANNIA INDUSTRIES
With over 130 years of legacy, Britannia Industries has been delighting consumers with snacks that combine taste and goodness. Founded in 1892 in Kolkata by visionary entrepreneurs, we began with biscuits and have since expanded our portfolio to cater to diverse tastes and occasions, serving over a billion people across India. Our products, ranging from Good Day, Marie Gold, and 50-50 to innovative wholesome options like NutriChoice Digestive Biscuits etc.
FINANCIAL RESULTS
Q2FY24 Sales increased to 4667 from Sales in Q2F23 INR 4432 to accounts 5.3% increase , while total Sale is INR 4713 Q2FY24 and total sales in previous Q2FY23 is INR 4484 Cr ,accounts increased to 5.10 % , Marginal increased, there is the pressure on the profit as compared to previous quarter Q2F23 Profit INR 587 Cr , Net profit for Q2F24 is INR 534 which is decreased to 8.85 %, while decreased Net profit from the previous Q1F24 INR 29 Cr. accounts to 5.74%.
Total Expanse
Company total expanse leads to consume the profit margin , this is due to demand blowdown in metro cities increases in inflation leading the raw material cost going and the impact on product profit and margin figures.
Profit Margin Pressure due to :
- Rising raw material cost due to inflation.
- Rising Inflation Impact on palm oil, wheat , cereals and pulses etc.
- FMCG market slow down in urban metros and rural demand is very minimal.
Britannia Industry Trends on Chart
Stock Trading Neat to 52 Weeks Low Price
52 Week Low Price INR 4641
52 Week High Price INR 6469
CM Price INR 4698
CONCLUSION
Britannia is a leading brand in the bakery business and a market leader in its segment within the FMCG industry
2.BERGER PAINTS
The journey of Berger Paints began with the endeavors of two distinct individuals in the paint industry. In 1909, James Wilfred Adamson acquired his first Oil and Colours business, which expanded by 1917 to regions including Canada, Rhodesia, and the Caribbean. Meanwhile, in 1923, an Englishman, Mr. Hadfield, established a small paint company in Calcutta, marking another significant milestone in the company’s history.
COMPANY BUSINESS
- Company has a manufacturing unit in Nepal for Manufacturing Paints and Coating
- Poland Company ,Berger Paints India has acquired Bolix SA, a Polish company specializing in External Insulation Finishing Systems (EIFS) for $38.6 million (approximately ₹154.7 crore). The Kolkata-based paint major purchased the entire stake in Bolix SA from global private equity firm Advent International.
PRODUCT RANGE
- Interior Wall Coatings- Exterior Wall Coatings- Putty & Cement Paints -Primers-Enamels-Wood Finishes- Waterproofing Product-Product Finder
FINANCIAL RESULTS
The Q2FY24 sales stood at INR 2,744 crore, slightly lower than the Q2FY23 sales of INR 2,767 crore, reflecting a decrease of 0.83%. However, the total sales for Q2FY24 reached INR 2,795 crore, compared to INR 2,782 crore in Q2FY23, marking a marginal increase of 0.46%. This slight growth is attributed primarily to income from other sources.
The net profit for Q2FY24 is INR 261 crore, down from INR 288 crore in Q2FY23, reflecting a significant decrease of 9.3%. Compared to Q1FY24, where the net profit was INR 344 crore, the Q2FY24 net profit of INR 261 crore represents a decline of 24.12%.
Reason Of Decline
Company states that it has weak presance in Metro Cities while it has the market share of 20%, Company has 10 % stake in Metro Cities.
Due to the floods and heavy rain in Andhra Pradesh, Kerala, West Bengal , Gujarat and Maharashtra impacted growth figures.
Company said that competition certainly impacts the profit margin ,but it is the market leaders in premium segments over the other players in market and gets benefits.
Future Business Plan & Vision
- Berger Paints Aims to add 8000 retails touchpoints in FY25
- While the Company has add 1900 Outlets in Q1F25 and 220 in Q2F25
- Company has installed 1800 Nos tinted machinery in Q125 and 2000 machinery in Q2F25.
- East region which was under performing , shown a good demand East region & in Kerala and are the key markets.
Berger Paints Trends on Chart
Stock Trading Neat to 52 Weeks Low Price
52 Week Low Price INR 439
52 Week High Price INR 629
CMP Price INR 444.80
CONCLUSION
Stock is trading 30% below to high of INR 629 and marginally above than 52 weeks low price, Company future vision & set up of new new outlets & tinted machines may see future growth.
3. TATA CONSUMER PRODUCTS
Tata Consumer Products Limited (TCPL) is a leading Indian multinational company in the fast-moving consumer goods (FMCG) sector. It is a part of the Tata Group and focuses on providing a wide range of products, primarily in the food and beverages space. The company’s product portfolio includes :
COMPANY PRODUCTS
- Tea :Tata Tea, Tetley, Tea pigs, Good Earth, Vivax, Joekels, Organic India Tea and Infusions
- Coffee: 8, Cloak, TAT Grand , Sonnets By Tata Coffee, Tata Coffee Gold, TATA Coffee Quick Filter, TATA Coffee Cold Coffee
- water, salt, spices, pulses, packaged food, and ready-to-eat items.
COMPANY BUSINESS & GLOBAL PRESANCE
Company has subsidiaries in Australia, Great Britain , United States, Czechia , Middle East, South Africa, Canada and many more , TCPL has presence in 50 countries in the world and India is the Major Market , TCPL has acquired 75% stake in Capital Goods & Acquired Organic India.
TATA Coffee is the world second largest producer in the world and supplying globally.
COMPNAY RESULTS
Tata Consumer Products Limited (TCPL) has demonstrated consistent sales performance and a steady growth trajectory, delivering strong returns to its investors over time.
Company Management Commentary
Packaged beverages business seen a decline 1% YoY in 1QY25
Fluctuating weather conditions led decline in Coffee productions and volatile in price.
Ready to drink business affected due to change in weather conditions
Increased inflation might ,profit margins under pressure
Company stated that rural demand is improving & urban demand has a bit softened due the food inflation.
TCPL Future Plan
- TCPL working aggressively for the Capital Foods and Organic India expansion which will help to increase the revenue
- Company now entering in to the dry fruit market and selling on e commerce
- TATA sampan spices segment performing good in house hold items and going good in market.
- TATA: JV Starbucks increasing outlets 1QF24 , added 17 new stores and total now 438 and now presance in 65 cities.
TATA Consumer Trends on Chart
On the charts, TCPL appears to be at a support level, indicating a potential accumulation zone. This presents an opportunity for those looking to capitalize on a possible upward move. It can be added to a watchlist for further review, learning, and study. However, it is important to note that the stock has recently broken below its 50, 100, and 200-day moving averages.
Stock Trading Neat to 52 Weeks Low Price
52 Week Low Price INR 883
52 Week High Price INR 1269
CMP Price INR 889
CONCLUSION
what individual investor will do, Stock is trading at 30% to than its 52 weeks high of INR 1269 and a bit above than its 52 weeks low of INR 883