Stock of Interest

Posted On: July 26, 2023

Stock Report : TASTYBITE (NSE) 25 Jul 2023

Tasty Bite is an Indian-American preserved food manufacturer that specializes in ready-to-eat Indian and pan-Asian food products. Established in 1996, the company offers a diverse range of meals, noodles, and rice that require no cooking, preservatives, or refrigeration. Widely available across the U.S., Tasty Bite’s products are sold in major American grocery chains. In 2017, Mars, Incorporated acquired the majority ownership of the company. Committed to providing convenient and high-quality options, Tasty Bite remains a favoured choice for consumers seeking flavorful and hassle-free meals.

#xCalData predicts #TASTYBITE will continue its Bullish phase over the next five days and trend in the range of 14184 to 13649. 

In comparison to the previous month, the price of the stock has experienced an increase of 7.42% indicating a bullish. 

The Stock has doubled twice since 30 Mar 2017 and took an average of 2.1 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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