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Vineet Saxena

4th Sep ยท SEBI-Registered Analyst

DOMS
Surges Nearly 10% ๐Ÿš€

DOMS
stock rallied close to 10% today, hitting ~โ‚น2,750, 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. ๐Ÿ”ต GST cut fuels higher demand outlook ๐Ÿ”ต Favorable policy + strong fundamentals = investor confidence ๐Ÿ”ต 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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