Moreover, the stock is trading above its key moving averages like 20, 50, and 200-DMA. At the same time, the daily RSI has moved above the 60 mark and is in a rising trajectory, validating a positive bias. The daily MACD is pointing northward while sustaining above its nine periods average, thus validating a positive bias in the stock.

On Wednesday, the Sensex gained by 139 points to close at 58,214.59, while the Nifty 50 jumped by 44.50 points to close at 17,151.90

The firm has a market cap of Rs 1,162 crore with a low PE of 11.04x.

 Shares of the company have gained more than 7 per cent in today’s trade.   

The stock is up by 47.64 per cent in the last 1 year and over 207 per cent in the last 3 years.

The stock is up by 34.30 per cent in just 1 year.

Watch out for these large-cap stocks in Thursday’s trading session!

The stock has a 52-week high of Rs 74.50 and a 52-week low of Rs 29.88.

About 2,038 shares have advanced, 1,460 declined and 133 are unchanged on BSE.

Indian markets witnessed a range bound session for the day. NSE Nifty 50 rose 44.40 points or 0.26 per cent to close at 17,152 level while S&P BSE Sensex closed around the opening levels with gains of more than 150 points. Nifty Midcap 100 and Nifty Smallcap 100 rose 0.28 per cent and 0.54 per cent respectively.