EIEL

Enviro Infra is riding the massive "water management" theme. The data shows that both Promoters and FIIs have been loading up over the last three quarters. However, there is a catch—DIIs have been selling. Technically, the stock is currently below a key level that used to be support but is now acting as a ceiling (resistance). Even though the latest profits were slightly down due to margin pressure, the "big players" are still interested, which suggests they expect a better future. In my view, this is a "wait-and-watch" candidate for July. Do not jump in just because of the theme. The trend is only confirmed once it clears that overhead resistance. It’s a good company in a great sector, but the chart needs to prove itself first.