Continuing its daily rising trend, the stock surpassed its prior swing high of Rs 63 and rose to fresh 10-year high of Rs 66. It has potential to move towards Rs 75 in the short-term and Rs 95 in the medium-term. The stock is positively poised above its major moving averages, and key technical indicators also favor the bulls. We believe undergoing positive momentum will continue.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap