Key Highlight
Bullish momentum is strong, but the stock's proximity to its 52-week high suggests potential for a near-term pullback.
Snapshot
Summary
The stock is exhibiting a strong bullish technical trend, with positive short-term returns of 1.14% in one day and 6.48% over three months, supported by its price trading above the 50-day EMA and a high trend alignment score of 3.
Momentum appears robust, as indicated by an RSI of 60.38 and a bullish MACD signal, suggesting continued upward price action is likely.
The company reported robust financial performance, with revenue reaching ₹6,477 Cr in the latest quarter and showing strong Year-over-Year growth of 17.188% in revenue and 36.148% in net profit.
Analysts maintain a predominantly positive outlook, with 88.46% of ratings being 'Strong Buy' or 'Buy', a sentiment that has remained stable over the past month.
Institutional investors hold a significant 65.38% of the company's shares, with a recent quarter-over-quarter shift showing DIIs increasing their stake by 1.26% while FIIs decreased theirs by 0.92%.
Latest News
Price & Volume
The stock has shown positive short-term returns, with a 1-day return of 1.14% and a 3-month return of 6.48%.
The trend is currently bullish, with the price trading above the 50-day EMA and a trend alignment score of 3.
Momentum is strong, indicated by an RSI of 60.38 and a bullish MACD signal.
Volatility is elevated, with the price positioned at 95.97% of the Bollinger Band width, suggesting potential for price swings.
The stock is trading below its 52-week high by 3.32%, but remains significantly above its 52-week low.
Technicals
The stock exhibits a bullish technical setup, characterized by positive short-term returns and a strong upward trend supported by EMAs and a high trend alignment score. Momentum indicators like RSI and MACD are also in bullish territory. However, the price is trading near the upper Bollinger Band, indicating elevated volatility and a potential for mean reversion. The stock is also closer to its 52-week high than its low, suggesting it has room to run but also potential resistance.
Fundamentals
The company reported a revenue of ₹6,477 Cr in the latest quarter (Dec 2025).
Quarter-over-Quarter (QoQ) performance shows a 2.744% increase in revenue and a 4.453% increase in net profit.
Year-over-Year (YoY) growth is strong, with revenue up 17.188% and net profit up 36.148%.
Profitability has seen positive momentum, with profit before tax increasing by 27.239% YoY.