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The momentum indicator has signalled bullish crossovers on 17 stocks — a sign of bullish undertone — hinting at possible upsides in the days ahead.

The stock quoted a 52-week high price of Rs 1823.0 and low of Rs 1375.55.

"Health is expected to maintain its leadership in the retail health segment with sustainable long term opportunity. Premium growth at 23-24 per cent CAGR and focus on underwriting profit is expected to keep its return on equity (RoE) ahead of peers," domestic brokerage ICICIdirect said in a note on Tuesday.

HUL has one of the better arsenals vs peers in the FMCG sector to land frequent price hikes, play the price-point portfolio pyramid and clawback margins.

The market "was seen to be replicating the trend seen on Wall Street last night... investors shrugged off concerns that intensifying price pressures would derail the economic recovery from the pandemic," said Kunal Sawhney, CEO of Kalkine Group.

The stock traded at a P/E multiple of 21.27, while the price-to-book value ratio stood at 2.96.

The Nikkei share average rose 3% to close at 28,040.16, while the broader Topix climbed 2.33% to 1,978.70. Both ended at their highest since Jan. 18 and posted a seventh straight session of gains, the longest winning streak since September 2021.

Hong Kong shares of ZTE Corp soared as much as 60% as trading resumed in the afternoon, while its Shenzhen shares rose nearly 10%. The telecommunications equipment maker completed five years of probation in the U.S.

Expect APL to sustain its high earningsgrowth momentum (expect PAT CAGR of 37% over FY21-24E) supported by robust double-digit volumegrowth and margin expansion.

A total of 22,170 shares changed hands on the counter till 01:39PM (IST).