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HomeNewsBusinessmoneycontrol ResearchSafari – Why the coming weak phase is the best time to add this stock.

Safari – Why the coming weak phase is the best time to add this stock.

The long-term macro drivers are in place for Safari despite the temporary disruption

January 17, 2022 / 10:01 IST
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, August 24, 2015. India's benchmark BSE index fell more than 5 percent on Monday to their lowest in a year, as a rout in Chinese equities sparked widespread unrest in global financial markets. REUTERS/Danish Siddiqui - RTX1PEZT

Highlights - Excellent Q4FY21 performance - Strong margin performance hints at better days post pandemic - Q1 likely to be a complete washout, recovery expected in H2 - Very strong balance sheet, should emerge stronger as smaller competitors exit - Economy category — Safari’s forte — to bounce back faster - A stock to add gradually in the coming weak phase ...

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