Strongly rebounded from 200-day SMA(2603), daily weekly RSI is in positive terrain.

Ambika Cotton Mills, incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 961.86 Crore) operating in Textiles sector.

Happiest Minds Technologies, incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 14574.74 Crore) operating in IT Software sector.

Shriram Finance, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 58397.55 Crore) operating in NBFC sector.

HG Infra Engineering, incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 5706.38 Crore) operating in Infrastructure sector.

Kajaria Ceramics, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 20788.61 Crore) operating in Building Materials sector.

Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1735976.74 Crore) operating in Diversified sector.

DLF, incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 121847.22 Crore) operating in Real Estate sector.

Balkrishna Industries, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 48558.38 Crore) operating in Tyres sector.

Cochin Shipyard, incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 7939.78 Crore) operating in Defence sector.

The brokerage values the company at 13x FY25E EV/EBITDA to arrive at a TP of INR2,550, an upside of 14% from current levels.

Price closed above previous gap down area suggest further upsides in coming sessions.

Gujarat Gas, incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 32719.18 Crore) operating in Gas & Petroleum sector.

Divi's Laboratories, incorporated in the year 1990, is a Large Cap company (having a market cap of Rs 94466.99 Crore) operating in Pharmaceuticals sector.

Tata Steel, incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 139469.60 Crore) operating in Metals - Ferrous sector.

Lemon Tree Hotels, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7688.75 Crore) operating in Tourism & Hospitality sector.

Price breaking above supply line joining the highs ofFeb & May 2023 and MACD in buy mode.

This, along with the company’s target to reduce working capital and the promoter’s assurance on pledge-closure by end of FY24, allays key investor concerns.

Hindustan Aeronautics, incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 130742.17 Crore) operating in Defence sector.

Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 99626.29 Crore).