New Delhi : Midcap and smallcap stocks have seen strong buying in the Indian market amid positive global cues. The smallcap company of the power generation and distribution industry, Schneider Electric Infrastructure, is witnessing a huge rally in the stock. The company’s stock saw a jump of over 14% during the opening hours of Thursday’s trading session. With this, the stock has reached a new 52-week high of Rs 164.65. Today the volume has also been above average. This is higher than the 30-day and 50-day average volumes. Furthermore, it has seen a strong price volume breakout from its 19-week cup pattern. Moreover, it is in a strong uptrend. The share price has risen nearly 40% in the past month.
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