📊 News Positive, Trend Negative — Reversal Ahead?

has signed a joint venture agreement with Rail Vikas Nigam, aiming to build a next-generation rolling stock platform and expand its global rail EPC presence. On Tuesday, the stock jumped up to 11% after winning a ₹219.18 crore signalling order from Mumbai Railway Vikas Corporation. However, the momentum faded quickly. After hitting a 52-week low of ₹111, the counter has seen persistent selling, closing yesterday at ₹112.10. With gains largely erased, traders now watch for direction. How will the stock price react today?? Short-term volatility remains high, and follow-through buying will be crucial to confirm any sustainable reversal in the near-term trend. Investors should monitor volume and key support levels closely ahead. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.