HAVELLS INDIA
Last Traded Price @ 1445
Support Range @ 1414 / 1404
Resistance Range @ 1463 / 1470
Havells India’s share price is likely to rise in the coming days due to several positive factors. The company’s distribution network is continuously expanding with strong demand in the electrical consumer goods, cables and lighting segments. Growing consumption in the electronics and smart appliances sector, boom in the real estate and infrastructure sectors is expected to increase the demand for the company’s products.
TECHM
Last Traded Price @ 1440
Support Range @ 1424 / 1417
Resistance Range @ 1454 / 1460
Tech Mahindra shares are likely to rise in the coming days. The company’s outsourcing and strong demand for digital services is positive for the stock. New technology projects and client expansion can bring in revenue growth. Strong profitability and global order book support the share price. Also, operational efficiency and digital transformation projects are a strong foundation for the company’s long-term growth.
JSW STEEL
Last Traded Price @ 1169
Support Range @ 1144 / 1130
Resistance Range @ 1183 / 1190
JSW Steel shares are likely to rise in the coming days. Demand for steel in the local and international markets has been strong, which can help increase the company’s revenue. The decline in raw material prices is favorable for profitability. Strong order book and engagement in infrastructure projects give a positive signal for the stock. All these factors can support the share price.
ADANI GREEN
Last Traded Price @ 1068
Support Range @ 1053 / 1047
Resistance Range @ 1077 /1090
Adani Green Energy is a major player in the new and renewable energy sector. With global and Indian government incentive schemes, the growth opportunities for the company are increasing. On the other hand, the company is securing long-term contracts for new wind and solar projects, which is positive for continued growth in revenue and profit. The company enters into large power purchase agreements (PPAs), which keeps the revenue stable.
SBI CARDS
Last Traded Price @ 867
Support Range @ 844 / 828
Resistance Range @ 874 / 880
SBI Cards shares are likely to rise further in the coming days. The increase in digital payments and e-commerce transactions is positive for the company’s revenue. New credit card offers and loyalty programs in the market are strengthening the customer base. Strong profitability and operational efficiency are supporting the share price. Also, increasing customer base strengthens the market share and paves the way for long-term growth.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
Disclaimer – https://www.capsavaj.com/policies
