Trend: The stock is in a strong uptrend, consolidating near recent highs after a sharp rally. A breakout above resistance could trigger the next bullish leg.
Important Levels:
Support: ₹766.70 / ₹702.45
Resistance 1: ₹876.45
Resistance 2: ₹986.15
Fundamentals (Key Points):
⚙️ Leading electronics manufacturing services (EMS) player with strong market share in India.
📈 Rapid revenue growth driven by demand in automotive, industrial, and consumer electronics.
🏭 Expanding capacity and product portfolio to capture domestic and export opportunities.
📊 Healthy balance sheet with improving margins and consistent profit growth.
🤝 Strong order book visibility supported by strategic client relationships and government incentives (PLI).
Final Verdict:
Consolidating near highs — a breakout above ₹876 could lead to strong upward momentum with robust fundamentals supporting long-term growth.