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MONTE CARLO: Strong Brand
CMP:282
TGT:350,380,410 ( SHORT TERM )
SL:265
🌟 Purely winter stock ( in winter season 50 TO 80 percent return possible )
🧣Potential Multibagger, Consumption Play
🧣 Monte Carlo is a well known name in winter collection among premium segment
🧣 Company has very high Brand value and strong presence in all big cities, Being a premium brand, Monte Carlo enjoys strong pricing power
🧤 Promoter holding 67% stake, around 19% is held by Mutual Funds, FII’s, Coprorates, etc, which leaves only around 14% with the public
♻️ PROMOTERS INCREASES HIS STAKE 62 TO 67 PERCENT LAST SIX MONTHS 🚀🚀
🥁 this winter season company expected to do bumper sales this winter season
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