Chart Of The Day – Suprajit Engineering Powers to a New High

Suprajit Engineering ended 27 weeks of sideways movement, as it broke out of a second-stage consolidation base pattern in today’s session. The stock jumped 5.5% on more than four times the 50-day average volume today. The Company reported impressive numbers in Q2 FY 2017, with revenues and net profit rising by 24% and 21%, y/y, respectively.

Suprajit Engineering_MarketSmithIndia