IOL Chemicals surged past a 3-year ceiling, closing at ₹119.25 in its "cleanest weekly close since 2021," said SEBI analyst Rajneesh Sharma. The ₹101-105 zone has flipped into support, confirming a structural transition. With a diversified API mix, rising exports, and minimal leverage, the stock remains bullish toward ₹122-130 as long as support holds.