DOMS Surges Nearly 10% ๐
DOMS stock rallied close to 10% today, hitting ~โน2,750, after the GST Council slashed taxes on key stationery items like pencils, sharpeners, crayons, and exercise books (from 12% to 5% or even exempt). This policy shift is expected to boost demand and improve affordability, giving DOMS a strong tailwind in the coming quarters.
๐ต GST cut fuels higher demand outlook
๐ต Favorable policy + strong fundamentals = investor confidence
๐ต Stock trades above key moving averages, reinforcing bullish momentum
This surge shows how even small-ticket policy reforms can spark significant market optimism when fundamentals and sentiment align.
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