ABC breakout post bullish anchor column suggests commencing of a new trend on the upside.

Growth at ICICI Prudential and Max Life is expected to be weaker on account of persistent challenges at their respective key bancassurance partners.

The brokerage likes Astral for its leadership presence in the CPVC segment, strong retail franchise, superior revenue/earnings growth, and healthy return ratios. Astral has also forayed in paints and bathware businesses in FY23.

Prince Pipes & Fittings, incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 6489.96 Crore) operating in Plastics sector.

Somany Ceramics, incorporated in the year 1968, is a Small Cap company (having a market cap of Rs 2121.80 Crore) operating in Building Materials sector.

Supreme Industries, incorporated in the year 1942, is a Mid Cap company (having a market cap of Rs 30986.93 Crore) operating in Plastics sector.

It expects gas prices peaked out in Q2FY23. The rebound in exports (from Morbi) should reduce pressure in domestic markets, thereby further boosting Kajaria’s margin.

The company is also foraying into the high-growth particle board market in Q4FY24 with modern machinery to meet the rising demand from furniture OEMs.

Promoters held 53.1% stake in the company as of September quarter, while FIIs owned 0% and DIIs 21.19 per cent.

Promoters held 59.48 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.16 per cent, DIIs 9.71 per cent.

Promoters held 73.04 per cent stake in the company as of 30-Sep-2022, while FIIs owned 7.01 per cent, DIIs 12.5 per cent.

Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10532.27 Crore) operating in Real Estate sector.

Mahindra & Mahindra Financial Services, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 29467.39 Crore) operating in NBFC sector.

Nuvoco Vistas Corporation, incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 13405.86 Crore) operating in General sector.

TCI Express, incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 6921.62 Crore) operating in Logistics sector.

Indus Towers, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 50422.27 Crore) operating in Telecommunications sector.

Tata Communications is likely to report steady revenue growth in its data business on easing supply-chain issues and stable segmental margins.

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 110286.87 Crore) operating in Gas & Petroleum sector.

Price close above upper band of falling channel containing last two months decline signalling technical pullback likely in coming sessions.

Havells India, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 71970.11 Crore) operating in Consumer Durables sector.