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Sneha M Vasudeo

22nd Jun · SEBI-Registered Analyst

The top momentum stock from today’s news

$POWERMECH, which has secured a ₹1,009 crore order from JSW Thermal Energy. The size of the order is significantly larger than others in the list, and it strengthens its positioning in the thermal EPC and power capex cycle. With continued repeat orders from JSW group companies, the stock is likely to attract strong short-term market interest and momentum-driven buying. The second pick is $TEXRAIL , which has received a ₹253 crore order from JSW (South) Rail. The rail and logistics capex theme remains structurally strong, and JSW’s continued ordering activity supports visibility for future contracts as well. Rail stocks tend to react quickly to order inflows, making Texmaco a strong candidate for near-term momentum moves driven by sentiment and sector strength. The third pick is $GOODLUCK , which has bagged a ₹255 crore defence order for 155mm long-range empty shells. The defence manufacturing theme continues to gain traction, and this order strengthens its positioning within the growing domestic defence supply chain. The stock has potential for re-rating and sustained momentum as defence-related announcements typically lead to multi-day price reactions.

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