HSCL is a leading manufacturer of Carbon Black which is used in production of Tyres, so with rising demand of automobiles, it's revenue are gonna rise and it's a huge positive.
HSCL also manufactures one chemical that is used in manufacturing of Lithium ion battery used in EV. With rising EV industry it's another huge positive.
Technically, it gave a breakout from it's weekly downtrend and is consolidating now.
HSCL also manufactures one chemical that is used in manufacturing of Lithium ion battery used in EV. With rising EV industry it's another huge positive.
Technically, it gave a breakout from it's weekly downtrend and is consolidating now.