Understanding Tactics of A Company

ramkasi

Active member
#1
Today I was searching for a company to buy next week and came across a company [ttk prestige] by looking at the charts I decided to buy this on chart basis.

Then I went to explore the recent updates in this counter. and I came to know that this company is planning to spent 300 crores in 3 years for brand building advertisement and brand ambassador fee

It made a profit of 133 crores this year and 113 last year. Now if anybody want to buy on fundamentals basis what should he needs to do and how to understand the tactic of the company with a 130 crores profit and spending 100 crores for advertisements and brand building. Will this move help the company?
 

ramkasi

Active member
#2
Today I was searching for a company to buy next week and came across a company [ttk prestige] by looking at the charts I decided to buy this on chart basis.

Will this move help the company?
:thumpdown: While no one interested in giving reply stock is up Rs.430 :bebored:.
 
Top