HAVELLS INDIA
Last Traded Price @ 1433
Support Range @ 1404 / 1397
Resistance Range @ 1447 / 1454
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. Rising consumption in the home electronics and smart appliances sector, boom in the real estate, infrastructure sectors is expected to increase the demand for the company’s products.
VOLTAS LTD
Last Traded Price @ 1353
Support Range @ 1340 / 1333
Resistance Range @ 1363 / 1370
Voltas Ltd. shares are likely to rise in the coming days. The company’s new product launches, product diversification and strong brand image are attracting investors. Increasing margins in the retail and home appliance segments are helping to increase profitability. Operational efficiency and strong market position create a positive environment for the stock in the long term.
AXIS BANK
Last Traded Price @ 1269
Support Range @ 1244 / 1230
Resistance Range @ 1278 / 1290
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. Due to these factors, the share price is likely to increase gradually.
JSW STEEL
Last Traded Price @ 1168
Support Range @ 1144 / 1130
Resistance Range @ 1177 / 1185
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 @ 1030
Support Range @ 1013 / 1003
Resistance Range @ 1044 / 1050
Adani Green Energy is a major player in the new and renewable energy sector. With global and Indian government incentive schemes, the growth opportunity for the company is 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.
Ravi Bhatt
SEBI Registered Research Analyst
SEBI Registration Number :- INH000012591
Disclaimer – https://www.capsavaj.com/policies
