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A total of 29,864 shares changed hands on the counter till 01:53PM (IST).

On the technical charts, the RSI of the stock stood at 42.25.

So, there is ample opportunity for RBI to intervene and RBI has to keep intervening because at least after the Trump administration comes in, the volatility in the currency can increase in case Donald Trump presses ahead with his America first policy, which can be ultra protectionist.

The Relative Strength Index of the stock stood at 26.48 on Tuesday.

Promoters held 51.46 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 10.89 per cent and 5.4 per cent, respectively.

Brokerages are optimistic about certain BSE midcap index stocks from sectors like auto, financial, and IT. These stocks, including names like Ashok Leyland, PI Industries, and KPIT Technologies, have strong analyst ratings and are expected to deliver returns of up to 55%.

A total of 2,991 shares changed hands on the counter till 01:03PM (IST).

Historically, such bottoms have led to strong recoveries, with markets offering 40-50% returns over the next one to one-and-a-half years.

All these data points put together if I look at, then I expect a pullback rally. Pre-budget pullback rally or maybe post budget pullback rally is on the cards.

The stock quoted a 52-week high of Rs 894.15 and a 52-week low of Rs 450.55.