📊 Current snapshot
Current price is ≈ ₹1,746–₹1,750 (today) — just near its recent 52‑week high.
52‑week range runs roughly ₹972 (low) – ₹1,770 (high)
Key valuation metrics: P/E is steep (≈ 43–44×), P/B ~3.8–3.9×.
🔎 Short‑term technical view (1‑week horizon)
Since the stock is hovering near its all‑time/52‑week high, there’s limited headroom unless a positive trigger (new order wins, sector‑level boost, favourable global auto demand, etc.) appears.
If momentum continues and market sentiment stays positive, possible upside could push toward ₹1,780–₹1,800. That’s not guaranteed, but breakouts often test just above recent highs.
On the flip side — if broader auto‑ancillary sentiment weakens or there’s profit‑taking — a pull‑back or consolidation toward ₹1,680–₹1,700 seems plausible (near some short‑term support zone + psychological buffer).
Current price is ≈ ₹1,746–₹1,750 (today) — just near its recent 52‑week high.
52‑week range runs roughly ₹972 (low) – ₹1,770 (high)
Key valuation metrics: P/E is steep (≈ 43–44×), P/B ~3.8–3.9×.
🔎 Short‑term technical view (1‑week horizon)
Since the stock is hovering near its all‑time/52‑week high, there’s limited headroom unless a positive trigger (new order wins, sector‑level boost, favourable global auto demand, etc.) appears.
If momentum continues and market sentiment stays positive, possible upside could push toward ₹1,780–₹1,800. That’s not guaranteed, but breakouts often test just above recent highs.
On the flip side — if broader auto‑ancillary sentiment weakens or there’s profit‑taking — a pull‑back or consolidation toward ₹1,680–₹1,700 seems plausible (near some short‑term support zone + psychological buffer).
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.