DSIJ Mindshare

The stock rallied over 6 per cent on Tuesday and interestingly, the up-move was seen on back of highest single day volume in the since September 2022. Also, the stock moved above its 20-DMA and the daily 14-period RSI inching closer to 60-mark.

After last week's significant upward movement, the sectors of auto, oil & gas and some PSU banks climbed while the sectors of pharmaceuticals and FMCG remained muted.

For manufacturing additional quantities of the vaccine and ensuring the continuance of manufacturing & supplying of all other vaccines against poultry, sheep, goat, and cattle, the company is undergoing capacity expansion, which is expected to be completed by January 2023. 

BSE Smallcap index relatively outperformed the broader markets, registering gains of 0.99 per cent, closing at 29,765.79.