CIPLA LTD
Last Traded Price @ 1530
Support Range @ 1503 / 1494
Resistance Range @ 1538 / 1544
Cipla Limited shares are likely to improve in the coming days. Strong demand in the pharma and healthcare sectors, new drugs and trial projects can help the company increase its revenue. Profitability is expected to remain strong due to increased exports to international markets. The stock’s long-term strategy and focus on research and development give a positive signal to investors.
ADANI PORTS
Last Traded Price @ 1492
Support Range @ 1470 / 1457
Resistance Range @ 1503 / 1513
Adani Ports shares are likely to rise in the coming days. The company’s ongoing projects in the logistics and port sector could be positive for the stock. An increase in India’s import-export activity is also likely to boost earnings. However, global market tensions and a surge in fuel costs could remain as headwinds. The company’s strong value capture and long-term growth plans could support the stock.
AXIS BANK
Last Traded Price @ 1284
Support Range @ 1260 / 1244
Resistance Range @ 1292 / 1300
Axis Bank shares are likely to rise in the coming days. The bank’s latest quarterly results have shown strong profit, stable net interest margin and improvement in asset quality. Credit growth has been strong with continued growth in the retail and SME loan segments. Improvements in digital banking and cost control policy are also positive. These factors seem to be increasing investor confidence.
GODREJ CP
Last Traded Price @ 1131
Support Range @ 1117 / 1108
Resistance Range @ 1147 / 1160
Godrej Consumer Products Limited’s share price is likely to rise in the coming days as the company’s business is growing strongly in both domestic and international markets. The demand for the company’s haircare, personal care & home hygiene products is continuously increasing in markets including India, Indonesia, Africa and Latin America. In recent quarters, the company has focused on cost control, innovation and new product launches, which has resulted in improved profit margins.
STATE BANK
Last Traded Price @ 980
Support Range @ 967 / 960
Resistance Range @ 989 / 994
State Bank of India (SBI) shares are likely to rise in the coming days. Profitability is likely to remain strong due to stable long-term interest rates. Increase in retail and corporate loan demand is helping to boost earnings. Strong financial position, operational efficiency and digital banking service expansion are positive for the stock. Also, new policies and participation in government projects can support the share price.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
Disclaimer – https://www.capsavaj.com/policies
