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On October 15, 2026, the Sensex experienced a rise, marking the end of a consolidation phase since August. Moving average indicators gave a positive signal, with the region between ₹230 and ₹225 acting as a good support for the stock market. Rain Industries' share price could potentially rise to ₹270 from its current level of ₹237.

Traders are advised to buy Rain Industries now at this price and accumulate on dips at ₹232. Initial stop-loss should be set at ₹218, which should be trailed upwards to ₹242 as the stock price rises to ₹249. Subsequent stop-loss adjustments should be made to ₹252 and ₹258 when the price touches ₹257 and ₹264, respectively. Long positions should be exited at ₹268.

Orders will be executed over a period of 18 to 24 months. Changodar capacity will increase from 12,000 MVA to 35,000 MVA, and backward integration can improve margins by 200 to 300 basis points. Rain Industries aims for a $1 billion revenue target for FY29/FY30. Management seeks to reduce working capital days from 154 to 110 to 120.

EBITDA margin improved from 18.03% YoY to 24.74% and from 24.41% QoQ to 24.74%. Revenue from operations increased from ₹1,657 Cr in Q2FY26 to ₹1,943 Cr in Q2FY27, and H1 revenue reached ₹3,675 Cr, representing a 19.59% YoY increase. Vehicle sales, including agency and pre-owned, amounted to ₹1,662 Cr, up 18.46% YoY and 13.45% QoQ.

After-sales service, spare parts, and others increased by 10.63% YoY and 5.24% QoQ. The highest quarterly and half-yearly total revenue was achieved on a proforma basis, with the festive season starting in October. A strategic partnership with OLX India, part of CarTrade Tech, for an integrated phygital pre-owned car platform was formed.

However, caution is advised as Gujarat flooding impacted new vehicle sales and after-sales in affected regions. The compact intraday trading guide provides supports, resistances, and entry/stop-loss tips for Nifty50 stocks and major names.