Sensex today | Stock Market Live: Stock to buy today: DCM Shriram (₹1,076)
Sensex, Nifty, Share Prices LIVE: The stock of DCM Shriram has been consolidating since early June. That is, it has been oscillating between ₹980 and ₹1,065
On Thursday, DCM Shriram stock broke above the ₹1,065 resistance level and is now trading at ₹1,076. Analysts expect the stock to continue rising, with a potential target of ₹1,200 in the near-term. The nearest resistance level is at ₹1,150, but traders are advised to tighten their stop-loss to ₹1,015 if the stock reaches ₹1,050.
When the stock reaches ₹1,150 and ₹1,175, they suggest tightening the stop-loss to ₹1,100 and ₹1,145 respectively. The company's FY27 growth guidance is ₹2,200–2,300 crore, which implies a 32–35 percent growth over FY26. DCM Shriram's strong orderbook, pricing power, and margin expansion make it an attractive buy at its current price.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
