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“Starting from last week of February, early March till as late as last weekend, I have never seen a stronger traction across our portfolio brands, not just at the very high end where we virtually own the market but even if I look at children as a category, parenting and grand-parenting as a category through Hamleys and Mothercare kind of brands, it is possibly one of the strongest demand patterns.”

“As things settle, we will get back to the trend line in terms of ESG being important. Now again, there is going to be potentially a little bit of a swing away from possibly ESG becoming binary. That element will tend to disappear but the secular trend towards being a more important part of how the markets value you and how you build and grow your business will continue.”

The Relative Strength Index of the stock stood at 49.62 on Wednesday.

Analysts have been bullish on the counter for a while now, and even recently many have upgraded target prices on the counter. Goldman Sachs is one of them that has set a target of Rs 3,200 on the stock.

The Ramco Cements Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 19020.36 Crore) operating in Cement sector.

According to Kristal.AI, the minimum ticket size of such deals is about $25,000.

“In the last one-and-a-half to two years, ICICI Bank and SBI have been outliers. In terms of momentum, there is room for outperformance in names like ICICI Bank and SBI. But pure long term investors should be looking out for an opportunity to buy HDFC Bank given the kind of correction that we have had in the last two or three months.”

Yes Bank, Happiest Minds, Mastek, Tata Teleservices and Vodafone Idea tanked a dozen per cent each, whereas Tata Elxsi, HDFC Bank, Persistent Systems, KPIT Technologies, Tata Power dropped 11 per cent each in the last five sessions.

Blue Star Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 11212.38 Crore) operating in Consumer Durables sector.

The Relative Strength Index of the stock stood at 65.64 on Wednesday.