BHARTI AIRTEL
Last Traded Price @ 1907
Support Range @ 1887 / 1870
Resistance Range @ 1933 / 1940
Bharti Airtel stock is likely to rise in the coming days as the company is focusing on expanding its high-speed 5G network, which could add new customers and increase data consumption. The recent tariff hike is likely to boost revenue, which will improve profitability. In addition, the company is also seeing strong growth in various business segments such as Airtel Business, Digital Services and DTH sector. Its strong presence in many countries, and strong management performance could be attractive to investors.
HAVELLS INDIA
Last Traded Price @ 1508
Support Range @ 1484 / 1470
Resistance Range @ 1524 / 1530
There are some important reasons for the possibility of Havells India stock rising in the coming days. The company’s quarterly profit has increased, which shows that the company’s business is moving strongly. On the other hand, Havells India is emerging as a strong brand in the electrical consumer products and home appliance market, where demand is continuously increasing. The company is taking new initiatives to launch new products and increase its foothold in the rural market.
CIPLA LTD
Last Traded Price @ 1496
Support Range @ 1470 / 1444
Resistance Range @ 1508 / 1520
The stock of Cipla Ltd is likely to increase in the coming days as the company’s drug sales are witnessing strong growth both in the country and abroad. Revenue is improving due to strong orders for drugs, especially in major markets like the US. As the company’s focus is on high-margin products and the launch of new drugs, there is a possibility of growth in profits. Moreover, as the demand for drugs remains constant, Cipla attracts investors as a defensive sector.
VOLTAS LTD
Last Traded Price @ 1384
Support Range @ 1360 / 1330
Resistance Range @ 1397 / 1408
The potential for Voltas Ltd. share price to rise in the coming days is based on several positive factors. Voltas’ Unitary Cooling Products (UCP) division has registered growth, which contributes significantly to the company’s total revenue. The company has focused on in-house compressor manufacturing to address supply chain issues and has announced a capital expenditure of Rs. 260 crore. All these factors indicate that Voltas Ltd. share price is likely to rise in the coming days.
ICICI BANK
Last Traded Price @ 1353
Support Range @ 1330 / 1317
Resistance Range @ 1360 / 1373
The stock of ICICI Bank is likely to rise in the coming days as the bank has shown strong profit in its recently announced quarterly results. The bank has recently shown good growth in its revenue and profit, especially in the retail and corporate loan segments. Financial management has also been effective and the NPA (non-performing loans) ratio is decreasing. The stock market has been positive with a profit growth of around 15.5% year-on-year.
