The stock has been making a series of high low and higher bottoms so far in 2022. It hit a low of Rs 99 on July 15, 2022, before bouncing back. The upmove in the stock is also accompanied by strong volumes which is a bullish sign.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions