surged nearly 8% with volumes of ~1.96B shares, reclaiming the ₹10 mark. The stock is forming a bullish structure, testing its key resistance around ₹10.5. The stochastic oscillator shows a fresh crossover in the mid-zone, signaling renewed upward momentum. Sustaining above ₹10.3 may open gates to ₹11.0–₹11.5, while support lies at ₹9.5. Fundamental View: The rally is fueled by growing optimism over tariff hikes and subscriber stability post network expansion. The company is progressing on its 5G rollout and continues to strengthen 4G coverage across key circles. Fund infusion via FPO and promoter backing have improved liquidity and business continuity visibility. However, high debt remains a concern, though ARPU (₹146 in Q2FY26) has seen consistent improvement. Analyst Rating: Brokerages remain Neutral to Positive, citing potential upside post tariff revision. Target: ₹11.5 (≈12% upside) | Stop-loss: ₹9.3.

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