The stock closed at Rs 682.7, rising fifty five % in final eight periods in a row, and the volume on last Friday was above common volumes. The broader markets additionally joined bears however the correction was less in comparability with benchmarks. The breadth was in favour of bears as about two shares declined for every rising share on the NSE. Our 3Q FY23 was a quarter of new excessive in terms of manufacturing post chip shortages. Fourth quarter should do higher on 3Q and gradually things are improving on the chip supply aspect as well.
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