Godrej as a group has a history of over 124 years and Godrej Agrovet is a part of a large Godrej conglomerate group. Godrej Agrovet is food and Agri conglomerate, dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields.
Oil Palm Extraction
Facts and Figures:
Godrej Agrovet Ltd has seen a downfall from 694 levels and is showing some sign of recovery by forming a bullish reversal candlestick pattern, Tweezer Bottom on the daily time frame, If the stock manages to hold the low of 511, we can expect a sharp recovery towards 553 and 600 levels in the near future. If the stock breaches the support we can witness the fall up to 475 levels, which is a strong demand zone, and can see a reversal from this level.
Closing comments: Godrej Agrovet is a stock that can give multifold returns in the future considering its fundamentals and technicals. A stock that should be a part of a long-term portfolio.