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The stock quoted a 52-week high price of Rs 1530.75 and a 52-week low of Rs 1005.7.

So this particular level of rally can go towards 18500 and one will have to review at those levels if it is giving a close above 18500. We can see higher levels as well. But as I said, the Bank Nifty is going to be the key to watch for.

A total of 100,157 shares changed hands on the counter till 02:14PM (IST).

As of 31-Mar-2023, promoters held 10.15 per cent stake in the company, while FIIs held 47.71 per cent and domestic institutional investors had 29.78 per cent.

The Relative Strength Index of the stock stood at 66.71 on Tuesday.

The upcoming Udaipur expansions in FY24E should boost volume growth.

Trendlyne data shows that Vedanta has declared 40 dividends since July 23, 2001. On Monday, it announced an interim dividend payout of Rs 18.5 per share, the first one for FY24.

Crompton Greaves Consumer Electricals, incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 16815.56 Crore) operating in Consumer Durables sector.

Prashant Jain, believes defence stocks are highly sustainable businesses with growth tailwinds and government support, but their PE multiples have already rerated. Jain is optimistic about large, technology-driven financial institutions like SBI and ICICI, which are well-placed to leverage the current digital environment. While defence manufacturing and railways are long cycle businesses, Jain anticipates they will still grow between 10-15% per year over the next 5 to 10 years, even if there is no further increase in PE multiples.

Adani Enterprises has seen a 38% rally in the three days after the initial findings of the Supreme Court-led panel were released in the Adani-Hindenburg case. Adani Green Energy has also turned into a multibagger with a rise of 114% from its January lows, while shares of Adani Ports and Special Economic Zone have reached levels seen prior to the Hindenburg report, rising 8%. The Supreme Court panel did not find any regulatory lapse with respect to stock price manipulation as alleged by Hindenburg Research. Adani Total Gas and ACC are yet to see a visible recovery, rebounding only 14% from their 52-week lows.