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BUTTERFLY Ltd, a stock for investors

BUTTERFLY Ltd,  a stock for investors








Company profile:

 The time was the 1950's. Metal was as yet the miracle metal. The late Shri. V. Murugesa Chettiar imagined Stainless Steel to turn into the following miracle. Hence was conceived a brand called 'Butterfly'. The primary item was the unobtrusive tempered steel tumbler. The Butterfly bit of flawlessness and quality even in the basic tumbler made it stick out. The gathering we had for it caused us to extend our product offering into different utensils. It was not well before we blended this flawlessness and our specialized expertise to make India's first hardened steel pressure cooker.

 Today by building perfect kitchen machines going from LPG ovens, Mixer Grinders, Table Top Wet processors to Blenders and Sandwich producers with state of the art innovation, we have planted ourselves as a pioneer and market pioneer in Kitchen apparatuses. With numerous firsts like, the first in Quite a while to present hardened steel pressure cookers, LPG ovens and Vacuum Flasks, we have likewise guaranteed that we won't ever leave you under-staffed in the kitchen.

 This undertaking has not halted at simply winning the hearts of the lakhs of Butterfly customers. Indian Standards Organization (ISI) raised the seat mark warm proficiency of LPG ovens from 64% to 68% after we effectively exhibited that we can give that degree of value. We were likewise the first kitchen apparatuses brand in Quite a while to get the ISO-9001 for make and supply of LPG Stoves, blender processors and Table-top wet processors.

 Personal view on the stock of the company:

 Butterfly Gandhimati appliances ltd is one of the best company in the field of domestic appliances. The company has wide range of its Product segments like Fans, coolers, mixer grinders,, LPG stove, pressure cooker, Non stick stainless steel. The rural demand will increase due to good monsoon. The more focus of the govt on rural theme will give boos to this company products. Ghar ghar LPG slogan is best this company product. The company share price came down wit the panic in stock market. It is one of the best chance to buy this company

The management is more focus for company and planning to give dividend to share holders if performance will improve. If I will talk about the financials of the company then company is also reducing its debit . The presence of the company in Chennai, Bangalore, Puducherry is very good. The targets I have given below is achievable as per the performance of the company is expected in coming months and years. DIIS, MF, all are increasing holding. I am expecting good demand of this company products. If mutual funds are increasing their holding in the company, it means something is good cooking in the company. I hope this will become big multibagger stock for my blog readers.

 Targets for stock price :

 Butterfly@134.20rs

Face value: 10

Nse symbol: Butterfly
Short term Target: 145rs, 155rs, 162rs, 172rs 182rs +

Medium term: 220rs +

LONG TERM: 300rs to 500rs +

Stop loss 100rs closing basis 

 Disclaimer:

 Please do your own research before making any investment in this stock. My view may differ from others views. The company profile data is collected from company website but the view on the company stock is personal.

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