The complex correction to the wave i of 3 beginning from July 2023 has come to an end in the stock.
This should kick start the wave iii of 3 in the stock taking it to approx. 410-420 region in coming few months.
It should also be noted that the company swung into a consolidated net profit of Rs 8,501 crore in Q2 FY24, against a net loss of Rs 304 crore a year ago. The result was declared on 27th oct. 2023.