ITI Ltd. (CMP ₹307, Stop Loss ₹282) jumped 9%, breaking above its resistance level of ₹288. The breakout was supported by a significant volume spike, adding strength to the move. Technical indicators like the MACD and RSI are also pointing towards continued bullish momentum. Investors will be watching closely to see if this momentum sustains in the coming weeks.

Source: NSE

ITI is a leading player in the telecommunication equipment sector, engaged in manufacturing, selling, and servicing products for IP/MPLS-based network infrastructure. The company also works with technologies like optical fibre cables (OFC), microwave radio, and satellite communication, and undertakes large-scale turnkey communication solutions.

Schneider Electric Infrastructure Ltd.(CMP ₹728, Stop Loss ₹670) rallied 6% on the back of strong volumes. The stock remains in an uptrend, trading above its 10-day, 21-day, and 50-day moving averages, signaling sustained investor interest.

Source: NSE

Schneider recently emphasized its AI-driven solutions for smart grids, microgrids, and smart cities, and reaffirmed its long-term goal of reducing emissions by 75% over 25 years.

The company operates in the electrical infrastructure space, manufacturing and servicing equipment like distribution transformers, medium-voltage switchgears, low-voltage protection relays, and automation systems for electricity distribution.

Note: Charts and prices are as of 1 PM.

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