Thursday, April 9, 2020

Jyothy Labs Ltd : Update

Jyothy Laboratories is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care and household insecticides products. It is pure COVID-19 player with consumptions theme.
Jyothy Laboratories has closed at Rs.110.50 on 09.4.2020 with a gain of +10%. Cos is now Trading at X1.5 of its valuations ( last 4Quaters earnings considered here ). It is valued at X1.03 of earnings FY2021 & X0.93 of its FY2022 earnings. It is available at a discounted price to its peer.
Disclaimer : We are / may going to take exposure shortly.
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