The breakout of the consolidation range is supported by strong volume, exceeding three times the 30-day average volume of 2.1 crore shares per day, highlighting larger participation in the direction of the trend. The daily MACD has generated a bullish crossover, validating a positive bias

The company has given stellar returns of 207 per cent over the past 3 years and excellent returns of 173 per cent over the past 5 years. Additionally, the company has a profit growth of 30 per cent (CAGR) over the past 5 years. 

 At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat amidst mixed global cues as the investor sentiment is down, owing to the weakening of the global economies.  

 At 12.30 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 were seen rebounding from yesterday’s levels as the markets react to the responses made by the West and its allies with regards to Russia’s attack on Ukraine. The Sensex was trading at 56,006.46, up by 1476.55 points or 2.71 per cent, while Nifty was at 16,929.98, up by 480.20 points or 2.92  per cent from the last trading session.