Bajaj Corporation, an FMCG company, dominant in hair care products. Recently came up with an IPO to utilize the raised money for the promotion of its future products. The company is one of the oldest business houses of the country. It has widely respected hair oil products with its loyal customer base.
Considering these reasons coupled with the opportunity market providing us to buy its shares at Rs580. Just grab this company shares in the range of Rs450-Rs550 with the conservative target of Rs700 in next 15 months. The company is available at the competitive price compared to its peers Dabur, Marico, Godrej, Emami.
For more information check the link.
Slowly the script is reaching its target... now Rs630 (converted to Rs5 FV)
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