witnessed a powerful breakout above the ₹19,500 mark, surging over 14% in a single session with high volumes. The Congestion Index shows a sharp shift from negative to +37, confirming renewed momentum. The stock has reclaimed its 200-day average and broken a key falling trendline from April highs — a strong bullish signal. RSI is in the overbought zone but with healthy follow-through volume, suggesting trend continuation. Fundamental View: The company is a key beneficiary of India’s grid modernization and renewable energy transition. It focuses on power automation, transformers, and digital substation solutions. Revenue and PAT grew consistently in FY24, supported by a robust order book and expanding export footprint. Debt-free balance sheet and improving operating margins (~10.5%) add to confidence. Analyst Rating: Brokerages maintain a BUY with a target of ₹23,500 (upside ~15%) and a stop-loss at ₹19,200. Analysts highlight structural growth driven by government investments in power infra and digital grids.

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