Technical Analysis
Trend: Medium-term uptrend intact.
Structure: Stock broke above ₹960 and ₹1,000 earlier and is now consolidating above the previous breakout zone.
Price Behaviour: Pullback is shallow and orderly — no breakdown signs.
Volume: No aggressive distribution visible on declines.
Key Levels:
Support: ₹960 → ₹900 → ₹805
Resistance: ₹1,074 → ₹1,150 zone
Fundamental Analysis
Business: Leading automotive and architectural glass manufacturer.
Growth Drivers: Auto recovery, EV glass demand, infrastructure & real estate usage.
Margins: Sensitive to energy and raw material costs but pricing power improving.
Outlook: Beneficiary of auto + infra cycle.
Summary View
Healthy consolidation after breakout — structurally positive.