With this, the stock touched a 52-week high of Rs 1504.60 on the NSE. Also the stock’s buying rate has increased almost 10 times from the previous day’s level and is above the 50-day moving average level. Also, the stock has rebounded from its 20-DMA and has reached a strong bullish market on the daily technical chart.
Apart from that it has outperformed its competitor companies in the stock market and earned more profit. The stock has delivered higher returns than its investors expected. Technically the stock is highly bullish and expected to trade heavily in the short term.
Today the price per share of the company rose by 7.75% to Rs. 1492.05 up. This company has been included in the list of recommended stocks as the share price of this company may rise in the future.
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