Powerful PGHH trying to come out of consolidation
Proctor & Gamble Hygiene & Healthcare Ltd. Is India’s one the fastest growing FMCG company. PGHH is an Indian subsidiary of Procter & Gamble US. Its CMP is 14299.5. PGHH has huge moat and big market share in Female hygiene and skin care products.
Negatives of PGHH are that they have decline in quarterly net profits, FIIs are decreasing stake and have high valuations (P.E. = 90.7).
Positives aspects of the company are that they have no debt and have Zero promoter pledge. Net cash flow of the company is improving.
Entry in PGHH can be taken after closing above 14522. The Targets will be 15121, 15517 and 15838. Long term target can be 16400+. Stop Loss in PGHH can be maintained at a weekly closing below 13500.
Negatives of PGHH are that they have decline in quarterly net profits, FIIs are decreasing stake and have high valuations (P.E. = 90.7).
Positives aspects of the company are that they have no debt and have Zero promoter pledge. Net cash flow of the company is improving.
Entry in PGHH can be taken after closing above 14522. The Targets will be 15121, 15517 and 15838. Long term target can be 16400+. Stop Loss in PGHH can be maintained at a weekly closing below 13500.
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