Showing posts with label @Amrutanjan. Show all posts
Showing posts with label @Amrutanjan. Show all posts

Monday, June 5, 2023

Amrutanjan Healthcare Limited - Fallen angel

 



About Company


Amrutanjan Health Care Ltd (Amrutanjan) manufactures and sells ayurvedic products and fruit-based beverages. The company offers products for pain management, congestion management, women’s hygiene, beverages, and other indications. 


It also offers corn caps for corn removal on the foot. Amrutanjan’s product portfolio includes balm massage, roll-on balm, body pain cream; joint muscle spray, body ache gel, cold rub, cough syrup, nasal inhaler, corn caps, hand sanitizer, sanitary napkins, and other products. 


The company markets its products under brands including Amrutaan, Snug fit, NoGerms, Decorn, and Fruitnik for Indian, African, Middle East, and South East Asian countries. 


Amrutanjan is headquartered in Chennai, Tamil Nadu, India. Amrutanjan Health Care Ltd (Amrutanjan) manufactures and sells ayurvedic products and fruit-based beverages. The company offers products for pain management, congestion management, women’s hygiene, beverages, and other indications. 


Company offers corn caps for corn removal on the foot. Amrutanjan’s product portfolio includes balm massage, roll-on balm, body pain cream, joint muscle spray, body ache gel, cold rub, cough syrup, nasal inhaler, corn caps, hand sanitizer, sanitary napkins, and other products. 


The company markets its products under brands including Amrutaan, Snug fit, NoGerms, Decorn, and Fruitnik for Indian, African, Middle East, and Southeast Asian countries. Amrutanjan is headquartered in Chennai, Tamil Nadu, India.


Source - https://www.amrutanjan.com/


CMP -       596

Year High - 847

Year Low  - 554


Trading near YL indicating extreme weakness and lack of buying.

The scrip has been falling since last one year due to corporate governancce and management issues.  Avoid


Technicals - Moving Averages


20 DMA -  602

50 DMA -  602

100 DMA - 646

200 DMA - 695


Date 06 June 2023


This post is bought to you by Smart Investors - Indias Most Knowledgeable Equity Researchers.


For more informative videos 

Like, Share and Comment on Vidoes.  

Subscribe to our channel to get new video alerts.


Contact - intellinvestor@gmail.com 


Social Media Links -

Youtube Channel - https://www.youtube.com/@Smart_Investor1

Linkedin - https://www.linkedin.com/in/smartinvestor1/

Instagram - https://www.instagram.com/smrtinvestr/

Blogs - https://ingeniousinvestor.blogspot.com/

Twitter - https://twitter.com/SmartInvestor