According to the quarterly results (Q4FY24) and annual results (FY24), the company posted amazing numbers.

The company is a constituent of the BSE Sensex Index, which is a stock market index that tracks the performance of 30 of the largest and most liquid stocks listed on BSE with a market capitalization of over Rs 17 lakh crore, excluding the market capitalization of Jio Financial Services, which is over Rs 1.44 lakh crore.

In the broader market, BSE Mid-cap Index is up by 0.47 per cent and BSE Small-cap Index is up by 0.49 per cent.

On Friday, the stock traded at a new 52-week high of Rs 520.40 per share.

In the broader market, BSE Mid-cap Index is up by 0.36 per cent and BSE Small-cap Index is up by 0.68 per cent. On the sectoral front, BSE Power Index is the top-gaining sector whereas BSE Capital Goods Index is the top losing sector.  

Moreover, the stock is trading above its key moving averages like 20, 50, and 200-DMA. At the same time, the daily RSI has moved above the 60 mark and is in a rising trajectory, validating a positive bias. The daily MACD is pointing northward while sustaining above its nine periods average, thus validating a positive bias in the stock.