The counter is witnessing a breakout from a long consolidation and a triangle pattern formation on the daily timeframe. The overall structure is remunerative as it trades above its all-important moving averages.
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.
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