Finolex Industries Ltd. (CMP ₹220, Stop Loss ₹200)

The stock jumped 6% today, extending last week’s breakout that came on the back of strong trading volumes. The stock has been trending upward steadily, recently bouncing off its 10-day moving average, a sign of continued short-term strength. However, we should wait for a potential pullback to this level before entering new positions.

Source: NSE

Finolex Industries Ltd. is a market leader in PVC resin production and the largest manufacturer of PVC pipes and fittings in India. Its products are widely used in agriculture, construction, and industrial applications.

Housing and Urban Development Corporation Ltd. (CMP ₹235, Stop Loss ₹215)

The stock climbed over 3%, buoyed by improved quarterly earnings, fresh government capital infusion, and renewed technical momentum. The stock appears to be breaking out of a consolidation phase, with bullish sentiment returning after recent indecision in price action.

HUDCO, a government-owned enterprise, is primarily involved in financing housing and urban infrastructure development projects across the country.

Note: Charts and prices are as of 1 PM.

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