The stock made a new 52-week high today.     

The company reported positive results in its quarterly consolidated financial statements and annual consolidated financial statements.

As we move to begin a brand-new month, there is an interesting observation that we have noticed in the last three years. The month of September has been favourable one for Nifty Smallcap index as it gained 2.7 per cent, 4.2 per cent & 6.1 per cent in 2019, 2020, and 2021, respectively.

The equity markets are rallying with BSE Sensex clocking gains of more than 5 per cent in July. Several stocks are seen making fresh all-time highs while a few registered 52-week highs.  

The equity markets have bounced from their recent lows in spite of the recession fears. It is the steep drop in commodity as well as crude oil prices that are leading to a rally in the equity prices.  

The shares of Inflame Appliances saw a jump of over 6.41 per cent on Friday's trading session. Inflame Appliances shares saw a price volume jump on Friday and also on Thursday's trading session this week. The reason for recent optimism in Inflame Appliances shares has been the allotment of 61,000 equity shares of the face value of Rs 10/- each, for cash, for Rs 382/- per equity share (including a share premium of Rs. 372 per equity share) aggregating to Rs. 25,25,02,000/- on preferential basis to non-promoters. 

At the opening hour, the markets were trading in the green on June 30.  

The markets are attempting to recover from the lower level even as the small-caps are seen outperforming the key benchmark indices on Wednesday. RIL is the top BSE Sensex gainer along with UltraTech Cement and Maruti whereas IndusInd Bank is the top BSE Sensex loser.  

Trend reversal happens when any stock jumps more than 20 per cent from its yearly lows. 

May 2022 turned out to be a volatile month for the equity markets. The benchmark indices dropped up to 7 per cent during the month but recovered towards the end of the month. Sensex closed the month 2.47 per cent lower whereas Nifty ended 2.84 per cent down.