These Two Big-Cap Leaders Are Still Actionable: Tata Consumer Products and Infosys

April 08 2021

Tata Consumer Products Stock

Tata Consumer Products stock has cleared a 6-week, 12% deep Flat Base this week. Currently, the stock is trading around just 3% away from its ideal buy price of INR 654. The stock is offering investors an opportunity to get on board at the current price.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 8.0% away from the 10-week moving average.

In the last twelve months, Tata Consumer Products has rallied nearly 115.4% as compared to 62.9% for the Nifty500. It has a Relative Strength Rating of 70. We definitely would like to see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the recent trading sessions. The overall long term trend of the line is also trending upward.

Tata Consumer Products stock has a strong institutional support. The Accumulation/Distribution Rating of 'A+' represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

On the earnings front, Tata Consumer Products has an excellent EPS Rank of 87, which indicates consistency in earnings. The sales for the stock have grown by 15% over the past three years; however the earnings growth remained muted at -6%. Its 3-years earnings stability is 12, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 17% and 8%, respectively. The 5-years earnings stability is 41. The return on equity for the last reported year is 3%.

The stock belongs to the industry group of Beverages-Non-Alcoholic, which is exhibiting a fair amount of strength in the current market environment. The current industry group rank is 52. The current price of Tata Consumer Products is -1% off from its 52-week high price and 141% above its 52-week low price.

The stock appears on our idea lists: Trend Template - 5 Months.

Infosys Stock

Infosys stock has broken out of a 8-week, 12% deep Flat Base 4-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 3% away from the ideal buy price of INR 1393.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 8.3% away from the 10-week moving average.

In the last twelve months, Infosys has rallied nearly 124.8% as compared to 62.9% for the Nifty500. It has a Relative Strength Rating of 74. We definitely would like to see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the recent weeks. The overall long term trend of the line is also trending upward.

Infosys stock has a strong institutional support. The Accumulation/Distribution Rating of 'B-' represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

On the earnings front, Infosys has an excellent EPS Rank of 86, which indicates consistency in earnings. The earnings and sales for the stock have grown by 7% and 12%, respectively over the past three years. Its 3-years earnings stability is 4, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 8% and 10%, respectively. The 5-years earnings stability is 3. The return on equity for the last reported year is 25%.

The stock belongs to the industry group of Computer-Tech Services. You would still want to see some improvement in the industry group rank for the group. The current industry group rank is 89. The current price of Infosys is 1% off from its 52-week high price and 137% above its 52-week low price.

The stock appears on our idea lists: Trend Template - 5 MonthsLong Term Leaders.

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