Key Highlight
Strong bullish momentum is evident, with RSI nearing overbought levels and the stock trading near its 52-week high, suggesting continued upward potential.
Snapshot
Summary
The stock is experiencing a strong bullish trend, evidenced by a 6.33% return over the last 5 days and a 23.61% gain in 3 months. This positive momentum is further supported by technical indicators like the RSI at 71.05 and a bullish MACD crossover, suggesting continued upward price movement.
Fundamentally, the company posted robust growth in its latest quarter, with revenue reaching ₹12,395 Cr. Net profit and EPS saw significant increases of over 17% QoQ and 8% YoY, indicating strong operational performance and improving profitability.
Analysts maintain a largely positive outlook, with 59.1% of recommendations being 'Buy' or 'Strong Buy'. This sentiment has remained stable over the past month, suggesting a consensus among analysts regarding the stock's potential.
Institutional investors hold a substantial 45.07% stake, with Foreign Institutional Investors (FIIs) increasing their holdings by 0.29% QoQ. This inflow from FIIs, coupled with a stable promoter holding of 51.34%, signals confidence from major market participants.
The stock is trading near its 52-week high, with its price positioned close to the upper Bollinger Band. While this indicates strong recent performance, it also suggests elevated volatility and a potential for a short-term pullback.
Latest News
Price & Volume
The stock has shown a positive return of 6.33% over the last 5 days, with a 3-month return of 23.61%.
The trend is bullish with a score of 3, and the price is trading above the 50-day EMA, indicating a positive trend alignment.
Momentum is strong, with RSI at 71.05 and a bullish MACD crossover observed.
The price is positioned near the upper Bollinger Band at 95.83% of its range, suggesting high volatility.
The stock is trading close to its 52-week high, with a distance of -0.52% from the peak.
Technicals
The stock exhibits a strong bullish trend supported by positive short-term returns and favorable EMA and DMA positioning. Momentum indicators like RSI and MACD signal strength. However, the price is trading near the upper Bollinger Band, indicating elevated volatility and proximity to its 52-week high, suggesting caution may be warranted.
Fundamentals
Revenue for Dec 2025 quarter was ₹12,395 Cr.
Net profit saw a QoQ increase of 17.358% and a YoY increase of 8.364%.
EPS grew by 17.493% QoQ and 8.434% YoY.
Profit before tax increased by 25.074% QoQ and 11.006% YoY.