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Strong uptrend forming a series of higher tops andbottoms with rising volumes.

Prestige Estates Projects (PEPL) continued strong pre-sales by achieving over Rs25bn in Q3FY23 and collected Rs23bn while launched 4.06msf across segments and geographies.

In the Nifty200 pack, six stocks closed above their 200 DMA (Daily Moving Averages) on February 15. >> For more such web stories click on the ET icon below

Vijaya Diagnostic Centre, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 4236.38 Crore) operating in Hospitals & Allied Services sector.

The consolidated Ebitda at Rs 218bn (+2% YoY; +58% QoQ), stood higher QoQ as HPCL’s & MRPL’s operating profit turned into black over 3QFY23, after operating losses in the previous quarter.

The stock traded at a P/E multiple of 30.81, while the price-to-book value ratio stood at 9.3.

“Whenever somebody asks for a hospital health insurance, they understand what is covered, what is not covered but they would cover it at a very broad level and that is the sum insured which I am getting, the NCB protection which I will get say after one year of not claiming, how will it get renewed and till what time will it get renewed. These are the three or four common factors which everybody is aware of.”

Strong rebound from one-year major support zoneof 2,300, daily and weekly RSI bullish.

"We have not done too much work on this space on 5G and what could be good opportunities. Overall, in the automation space, we are very bullish. We have Honeywell Automation in our portfolio that we like and then Siemens is another one which has again been taking a lot of news flow on the locomotive and other things. "

From the Sensex pack, Tech Mahindra, L&T, Reliance, Tata Steel and Sun Pharma were the top gainers, rising about 1-2.5%. Bajaj Finserv, M&M, HDFC, HCL Tech and Wipro also opened with gains. However, only Maruti Suzuki opened with losses.