So many good moves – Consolidation, new partnerships, Bisleri etc…Am not able to understand why the market is not rewarding or re-rating for the past 1-1.5 yrs. Stock is just hovering in a small band?
Invested after the big consolidation and forms small part of my portfolio. My “assumption” was that this will move towards becoming an FMCG brand and so big growth potential. Comparing to HUL, Dabur , the ROE, ROCE, and OPM are low in TCPL. although profit growth 3,5,1 year is high.
Am sure, I am missing something – Not sure what ?.. Is the market not rewarding due to low ROE, ROCE and OPM?
Please share insights if any.
Disc: Invested.
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