DSIJ Mindshare

Several factors could be driving Mukul Agrawal's investment. Company boasts a strong brand recall, an increased focus on modern trade and e-commerce. With a robust network of over 200,000 retailers across India. 

From a technical standpoint, the stock appears to be on the cusp of a significant multi-year breakout, poised around the pivotal level of Rs 374. Sustaining above this critical threshold is anticipated to catalyze a noteworthy breakthrough, marking the culmination of a 73-month long consolidation phase.

Company is slated to participate in an Analyst/Investor meet on Tuesday, December 19, 2023, featuring notable entities such as Alchemy, Edelweiss, Mirabilis, Moneybee, Bay Capital, Alpha Accurate, Electrum Capital, JM PMS, Pidilite Family Office, Sahasrar Capital, Incred, and Mahindra MF.

In a single day, the company received an order worth Rs 552 crore, which is equivalent to 2.73 times its total sales for the fiscal year 2023. 

But that's not all! The company recently announced that, along with its joint venture (JV) partners, it has received a letter of award for the Rihand Micro Irrigation Project from the Department of Water Resources, Madhya Pradesh.