Trend: The stock is forming a strong ascending triangle pattern, indicating sustained higher lows with resistance near ₹3,074.25. Price action shows steady accumulation and momentum build-up near the upper trendline — suggesting a potential breakout move soon.
Support & Resistance Levels:
Support: ₹2,850 / ₹2,750
Trendline Support: ₹2,880 (dynamic)
Resistance / Breakout Level: ₹3,074.25
Fundamentals (Key Points):
🍾 One of India’s leading IMFL (Indian Made Foreign Liquor) companies with premium product portfolio.
📈 Continuous growth in premium segment brands driving margin expansion.
💰 Steady revenue growth and improving profitability over the past few years.
🧾 Strong distribution network and increasing export footprint.
💼 Debt-to-equity remains comfortable with consistent cash flow generation.
Final Verdict:
Stock is in a strong uptrend; a breakout above ₹3,074.25 can lead to a sharp upside continuation. Fundamentally sound with robust premiumization strategy and margin growth visibility — ideal for watchlist ahead of breakout confirmation.