Zodiac Clothing Company Stock Research

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Zodiac Clothing Company Detail

Zodiac Clothing Company is in portfolio of Nemish Shah and Akash Bhansali . He is one of the top investors in India. The company belongs to Textile sector. 

As per the Company website it is in business of Fashion Apparel. The Company has good looking online shopping website as well. I did check few items. The items are targeted at higher middle class income group. At least the website prices suggested that.

The Company has offices in India and foreign countries like US, UK and Germany.It has decent presence in India. Stores are present in most cities of India. This retail presence will help the Company.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

Zodiac Clothing Company Stock Performance

The Company has given around 10 times return in past 16 years or so. It was impacted by Global Crisis badly which halted the momentum of the Company. From that price point onward it has not given too much return to investors. The last few years have seen price jump as well as price falls.

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I do not like abrupt price movement in a stock. These type of price movements are either news based or event based like turn around stories which quickly fizzles out. It has few of steep price movements in last few years which discomforts me to some extend.

Zodiac Clothing Company My Opinion

Zodiac Clothing Company is a Textile sector Company. It is in business of Fashion Apparel and has been in market for long time.It targets mid and high income group as the products are priced. The items look costly.

Company has good retail presence in major Indian cities. It also has offices in overseas market. It mainly deals with Linen and Cotton products which are preferred by people due to cloth quality.

The Apparel sector is very competitive as many small and big players are present in the market. It is also evergreen sector as demand will be present forever. The retail stores will have to compete with multi brand stores which are fast becoming popular among individuals and also online sales channels.

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Due to the challenges in sector I am not too convinced in it. I am not invested in the sector and do not recommend investing in the same.

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