The PSU stock rose from Rs 33.85 on August 4, 2023, to Rs 41.10 recorded on September 6, 2023, which translates into an upside of over 21% in a month. It has rallied by about 40% in the last 3 months.
The housing finance company recorded a breakout above 130 levels from a falling trendline resistance in July 2023 from where it witnessed a steep rally which took the stock towards 170 levels at the beginning of August.