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MC Pro Ideas for Profit: Long-term investors can accumulate this stock

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MC Pro Ideas for Profit: Long-term investors can accumulate this stock

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In this segment of Ideas for Profit from Moneycontrol Pro, Nandish Shah of Moneycontrol.Com spoke about Jyothy Laboratories. The company is present in fabric care, dish wash, household insecticides and personal care products. The company has six power brands which contribute nearly 85 percent to their revenues.

In this segment of Ideas for Profit from Moneycontrol Pro, Nandish Shah of Moneycontrol.Com spoke about Jyothy Laboratories. The company is present in fabric care, dish wash, household insecticides and personal care products. The company has six power brands which contribute nearly 85 percent to their revenues.
The FMCG firm reported 33.78 percent increase in consolidated net profit at Rs 50.01 crore for the quarter ended June 30, 2020. The company had posted a net profit of Rs 37.38 crore in the corresponding period a year ago.
Watch the video for why investors with a long-term view can accumulate Jyothy Laboratories.
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