Recently it posted good Q2 FY 24-25 Results, posting a 30% Y/Y rise in Q2 consol profit after tax. The auto and healthcare businesses led growth in Q2 and will drive future growth further ahead. Also, expect a recovery in margins fuelled by higher exports and design and manufacturing businesses.
One can wait for a retracement or ride the momentum with the current week candle as stop loss.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
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