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The housing finance company recorded a breakout above 130 levels from a falling trendline resistance in July 2023 from where it witnessed a steep rally which took the stock towards 170 levels at the beginning of August.

The stock quoted a 52-week high price of Rs 598.15 and a 52-week low of Rs 315.3.

The stress test suggests that the balance sheet remains protected despite headwinds. LatAm is a potential catalyst and the global CP business is much undervalued.

The Relative Strength Index of the stock stood at 49.55 on Tuesday.

Bharat Heavy Electricals., incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 38320.11 Crore) operating in Engineering sector.

A total of 12,053 shares changed hands on the counter till 01:54PM (IST).

"Healthcare beating estimates and positive commentary on the back of the US is showing signs of reversal at least for a few of them. New product launches should aid growth in the coming quarters. Banks/Financials have seen a reduction in margins. However, it is lower than expectations, which is a positive sign. The loan growth is steady and the asset quality remains healthy."

​.This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. ​

"Zerodha Fund House will be offering passive products that can form the building blocks for every portfolio. We will be focusing on building index funds & ETFs that provide broad-based exposures to begin with and extend to more solutions and use-cases thereafter. Zerodha Fund House would leverage technology at all points of the customer experience to catalyze this shift and mutual fund penetration."

“There is a lot of value that the Street is probably giving to both these elements of businesses as well. For Jio, the equity value is probably coming out anywhere between Rs 725 to 775 on a standalone basis. For Reliance Retail, anywhere between Rs 1,250-1,350. So there is a broad construct in terms of the expected SOTP valuations within the entire group itself.”