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Piramal Enterprises has surged 15% in seven sessions, hitting ₹1,351, its highest since Feb 2022. Analyst Financial Independence cautions the stock is in a rising wedge pattern, a bearish signal unless it breaks out above ₹1,350 with volume. A failed breakout could trigger a reversal. Meanwhile, Piramal Enterprises infused ₹700 crore into its finance arm last month to boost operations.
short by / 02:49 pm on 17 Jul
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