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.
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