The company is one of the most experienced and focused telecommunication equipment suppliers. 

Nifty 50 extended its rally from yesterday, closing over the 18,100 level. This was supported by strong global trends. In this post, we have identified powerful stocks for November 2 that are having a strong technical setup.

The company is also present in the electric vehicles (EV) segment and has successfully commercialized flame-retardant compound for 2-wheeler segments in EV.

Nifty 50 ended the session in the green territory with gains of 0.74 per cent at 18,145.4.

The stock had made a 52-week low of Rs 0.56 on November 02, 2021 and currently, the stock is trading at Rs 57, which translates into gains of more than 10,000 per cent!  

On a six-month basis, the scrip climbed over 180 per cent and furnished stellar returns of 212 per cent, year-to-date.

Healthcare, Power and Metal led the gainers in today’s session as almost all sectors ended in green, barring the banking stocks. BSE 500 closed for the day with a gain of 0.6 per cent at 24,728.07.   

  Shree Renuka Sugars, Balrampur Chini Mills and Dalmia Bharat Sugar and Industries are among the biggest gainers in the BSE ‘A’ Group.  

The net profit for the second quarter of FY23 grew significantly from a loss of Rs 11.24 crore to a profit of Rs 21.52 crore as compared to the same quarter, the previous year.   

The benchmark indices NSE Nifty 50 and BSE Sensex inched higher today also. Nifty jumped 0.76 per cent while Sensex rose 380 points to close above 61000-level.

Suryalakshmi Cotton Mills, RRIL Ltd and Inducto Steel were the top low-priced gainers on the BSE, that locked at 20 per cent upper circuits.