The stock extended losses post demerger and slipped to a 52-week low. It is trading below major moving averages on short-term, medium-term and long-term timeframe charts. The key technical indicators also favor bears.
Deven Choksey on 3 themes that are right for investing in a volatile market
Deven Choksey is optimistic about investing in the metal sector due to stable energy prices and rising consumption. He also sees opportunities in some NBFCs