PROFIT BELL RESEARCH

Company : Jyothy Labs

Sector : FMCG KRISHNA Digitally signed by
KRISHNA MURTI
Market Cap : Small Cap MURTI Date: 2023.10.06
18:14:50 +05'30'
Volatility : Very-High
Date: 30/11/2022

BUY: 200 TARGET: 330+ TIME: 9-12 MONTHS

PRICE PRICE HORIZON
About Company:
Jyothy Labs From a small business, manufacturing and selling a single product from a shed in Thrissur in Kerala in 1983, the Company
has grown into a pan-India multi-brand business with 23 manufacturing units. Understanding consumer needs, connecting with their
aspirations, and delivering to their expectations comes easily to the teams at Jyothy Labs. The legacy of 40 years of bonding with
consumers continues to drive the Company’s insights into their evolving desires. Further, its robust feet-on-street teams share strong
relations with the customers, enabling Jyothy Labs to leverage their insights to develop products that meet consumer needs.Source:
Annual Report
Source: Spider Software

Source: Tijori Finance

Research Rationale:

1 Timeframe is on weekly basis.

2 Super-trend, Rainbow is in positive node.
3 Alligator and STr(7) is in positive node.
4 AroonUP and ADX are supporting
Note: Securities prices and directions are subject to change based on market conditions. We will keep you informed on a weekly basis about
all open positions and their directions. Please note that we do not provide any stop-loss recommendations, as the price of securities will
eventually move in a positive direction if the fundamentals are sound. However, if any major concerns arise, such as management issues or
fraud, we will inform you immediately and advise you to exit the securities on a priority basis.

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SEBI Registered Research Analyst: INH000009852

 Disclaimer and Disclosure Statement of Research Report: KRISHNA Digitally signed by
KRISHNA MURTI

MURTI Date: 2023.10.06

18:15:19 +05'30'
1. This report or recommendation is based on information we believe to be reliable.
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I, Krishna Murti, am a Principal Officer and Research Analyst of Profit Bell Research, holding an MBA in Finance. The views
expressed in this research report or recommendation accurately reflect the personal views of the research analysts employed
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(a) do not have any financial interests in the subject company mentioned in this report;
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The analysts involved in the preparation of this report:

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SEBI Registered Research Analyst: INH000009852