Excellent research and write up throughout the thread. First stumbled across the stock in April’2020 and have invested since, after reading investor presentation and annual reports. One mistake I did is I did not accumulate the stock with further increases. One of the main reason being inability to scale Guiltfree plus the movement of ex-CEO to Bharat Pe. Ever since that move the company has become kind of a venture fund with cash cows like FSL supplying the ammunition’s.
Peel works is a great investment because it’s a B2B startup like Udaan which directly connects manufacturers to retailers without traditional distribution channels. This means FMCG space which lacked POS data will have lot of data points like Telecom sector and can make tailor made offerings for different regions. The can leverage Peel Works as distribution network to expand reach of Too Yumm and other FMCG products. Also since this business is being set for the next generation I believe it will be given the best possible support by parent organization.
Technically the stock is strong as it reflects the movement of FSL. It has given an ascending triangle breakout in weekly charts with 657 the ATH being a real possibility for short to medium term as long as 394 level holds. Would add more to portfolio based on annual report and results.