Technically, the stock has registered a breakout from 2 months consolidation range of Rs. 287 on higher side and Rs. 252 on lower side. Stock surged 9 per cent with volumes around 3 million shares in the first half of the session only and is currently trading at Rs. 285 level. Closing around day’s high will confirm the breakout. 

Many stocks from the broader market indices witnessed buying interest except for one particular stock and that is Ramkrishna Forgings Ltd (RKFORGE). We are just two hours into Tuesday’s trading session and the stock of RKFORGE has already jumped more than 6 per cent!