surged as much as 7.02% during the session before settling with a strong 5.86% gain, breaking a seven-day losing streak and recovering losses from the past week.
Key Trigger:
• New Plant Launch: The rally was driven by the commencement of commercial operations at its new manufacturing plant in SIPCOT Industrial Park, Shoolagiri, Hosur (Tamil Nadu).
• This marks a significant capacity expansion milestone, reinforcing the company’s growth outlook and operational capabilities.
Investor sentiment turned positive, reflecting optimism over enhanced production capacity and future revenue potential.
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