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The Relative Strength Index of the stock stood at 52.52 on Thursday.

The stock quoted a 52-week high of Rs 2784.95 and a 52-week low of Rs 1593.5.

Varun has a history of getting a kickstart from its earnings announcement. The company’s quarterly revenue has beaten the Bloomberg average analyst estimate on 20 of the past 23 occasions, while shares have risen an average 7.4% in the month following its results.

SpiceJet further said that the fundraising will also be considered as an equity contribution by the promoters under the Emergency Credit Line Guarantee (ECLG) scheme, which will provide additional credit facilities of Rs 206 crore to the company.

The stock closed at Rs 111 on 12th July 2023, and also managed to close above the 50-DMA which is the short-term moving average. The Supertrend indicator also triggered a buy on the daily charts.

The Relative Strength Index of the stock stood at 63.28 on Thursday.

​We will continue to expand into smaller markets. We are amazed by the kind of love that the brand has and the kind of numbers that we are doing in these markets.

A comprehensive study conducted by ETMarkets.com reveals that out of the 125 stocks owned by over 100 mutual fund schemes in June, approximately 75 stocks have delivered a return of over 10% in the current calendar year.

Marksans Pharma, incorporated in the year 1992, is a Small Cap company (having a market cap of Rs 4524.84 Crore) operating in Pharmaceuticals sector.

The stock quoted a 52-week high of Rs 1828.75 and a 52-week low of Rs 1147.05.