Apar Industries – Momentum
APARINDS
Important Levels:
Support: 8,800 – 8,500
Resistance: 9,800 – 10,300
Structure: Strong uptrend with relative strength
Business:
Leader in conductors, specialty oils and power cables
Beneficiary of power transmission and infrastructure spending
Strong export presence
Earnings:
Robust revenue growth
Healthy order inflows
Margin expansion supporting profitability
Verdict:
👉 Strong power infrastructure play
👉 Momentum remains firmly positive
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