HAVELLS INDIA
Last Traded Price @ 1441
Support Range @ 1423 / 1414
Resistance Range @ 1454 / 1460
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. Havells has shown strong revenue growth and profitability in the last few quarters, which will increase investor confidence.
AURO PHARMA
Last Traded Price @ 1243
Support Range @ 1223 / 1217
Resistance Range @ 1257 / 1265
Aurobindo Pharma shares are likely to rise in the coming days. The company is continuously getting new ANDA approvals in the US market, due to which its product portfolio has become stronger and profitability is expected to increase. Recently, the company has increased investment in API and biosimilar segments, which can prove to be important for growth in the long term. Also, the increasing demand for global healthcare products is giving additional benefit to export-oriented companies.
TATA CONSUMER
Last Traded Price @ 1184
Support Range @ 1160 / 1144
Resistance Range @ 1193 / 1202
The main reasons for the increase in Tata Consumer shares include the company’s strong quarterly performance, continued growth in the FMCG segment and new product launches. Also, the synergy with other Tata Group companies and the growing presence in the e-commerce sector are strengthening the company’s future. Sales are expected to increase with entry into the rural market and brand strength, due to which the share price is likely to rise in the coming days.
ADANI GREEN
Last Traded Price @ 1039
Support Range @ 1017 / 1008
Resistance Range @ 1047 / 1055
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 @ 888
Support Range @ 876 / 870
Resistance Range @ 894 / 904
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
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