DSIJ Mindshare

The shares of this tyre manufacturing company have soared over 2 per cent on Tuesday, supported by strong volumes.

The stock has been a proven multibagger, having soared over 10 times since March 2020 low of Rs 33 to Rs 394 level in March 2023.

Technically, the stock has registered a breakout from 2 months consolidation range of Rs. 287 on higher side and Rs. 252 on lower side. Stock surged 9 per cent with volumes around 3 million shares in the first half of the session only and is currently trading at Rs. 285 level. Closing around day’s high will confirm the breakout. 

One company from printing and stationery industry grabbed investors’ attention by rallying 16 per cent with explosive volumes.

The stock rallied more than 45 per cent in March and recorded massive volumes.