TTK Healthcare - Stepping out of the downward channel. I am somewhat hopeful for the company post the TTK PDL (Skore condoms) merger early this year. Being a conglomerate operating in several segments, it is hard to be convinced of where the growth is going to come from although they operate in pretty lucrative segments of pharma, medical devices, healthcare products and foods. I like what they have done with TTK PDL after they lost the Durex contract, in terms of capturing market share of 10% with a homemade brand but business mix doesn’t give great comfort.
Disc: Building a position last few weeks based on technicals