Is It Wise to Invest in Sanwaria for the Long Term in 2020?
Investing in the stock market can be a rewarding venture if done with due diligence and an understanding of the underlying fundamentals. In 2020, Sanwaria, once a promising stock, has faced significant challenges due to changes in its management structure and declining performance. This article explores whether it is wise to consider Sanwaria for long-term investment in 2020, comparing it with other more promising options such as Meghmani Organic, IFC First Bank, and Morepen Labs.
Sanwaria: A Former Promising Stock
Sanwaria was once a good investment, offering promising returns and showing steady growth. However, with the departure of the promoters and subsequent sell-off of their stake, the stock has dramatically declined from a high of 30 rupees to as low as 1 rupee. Such a drastic drop in stock value raises questions about the current investment potential of Sanwaria.
Alternative Investment Options
Considering the current state of Sanwaria, it is wise to explore alternative investment options that are performing well both fundamentally and technically. Here are a few examples:
Meghmani Organic
Meghmani Organic is a company known for its strong fundamentals and consistent performance. The company has a robust track record of delivering stable earnings and growth. Investing in Meghmani Organic can offer a safer and more reliable long-term investment option compared to Sanwaria.
IFC First Bank
IFC First Bank is another promising investment opportunity. This bank has shown a steady improvement in its financial performance and continues to expand its market reach. Furthermore, its technical indicators suggest potential for further growth, making it an attractive option for long-term investors.
Morepen Labs
Morepen Labs is a biotechnology company that has demonstrated strong potential in research and development. The company has a promising pipeline of products and shows significant growth in the pharmaceutical industry. For investors seeking opportunities with high growth potential, Morepen Labs could be a valuable addition to their portfolio.
Approaching Investment Decisions Carefully
When considering an investment in any company, it is important to examine the historical performance as well as the expectations for the future. For Sanwaria, one might need to observe the quarterly performance trends and the strategies being implemented to reverse its declining trajectory. Additionally, the committee holding of the company, if it increases, will be a positive sign.
Alternative Investment Suggestions
For those looking for a different investment strategy, Kriti Nutrients can be a better option. Kriti Nutrients have shown signs of improvement and are approaching a debt-free state, making them a strong contender in the FMCG and soya extraction sectors. With more exports contributing to their revenue, Kriti Nutrients present a more stable and potentially profitable investment opportunity.
Conclusion
In summary, while Sanwaria once offered promising potential, its current state suggests that it may not be the best choice for a long-term investment in 2020. Investors are encouraged to explore other options such as Meghmani Organic, IFC First Bank, Morepen Labs, and Kriti Nutrients. Each of these companies shows strong fundamentals and the potential for future growth, making them more attractive for long-term investment strategies.
Further Reading
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