$CARRARO

Fundamental Analysis: The company is a leading manufacturer of transmission systems, axles, and drivetrain solutions catering to the agricultural and construction equipment industries. In the latest quarter, revenue grew by 36.84% while net profit surged by 78%. Additionally, institutional holdings increased by 0.71%. The stock trades at a P/E of 24.35x, lower than its 10-year average P/E of 31.10x, indicating reasonable valuations. Technical Analysis: The stock has given a strong breakout from the ₹540 support zone and is now trading above all key short-term moving averages, indicating a shift in momentum in favor of the bulls. The recent surge above the ₹575 resistance level suggests fresh buying interest and the possibility of a continuation move. RSI at 61.9 reflects healthy momentum without entering overbought territory, while the MACD has turned positive with a bullish crossover.