The stock saw a vertical move to Rs 330 in August and post that it started consolidating. The recent price action helped the stock to break out of the consolidation range on daily charts since August and from an inverse head and shoulder pattern on the weekly charts.
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.
Tata Investment Corporation posted 69% YoY profit growth to Rs 63.83 crore, driven by strong dividend and investment gains. Revenue surged 143%, while lower taxes
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