Suggest latest surge has been due more due to moving average converging and other TA factors, CR sellers out of ammo and Regal's latest commentary on LVT. VKM's posts have also been welcomed but like many other things in life, it's more likely a combination of various things.
V-shaped rallies generally don't hold, though volume is improving at these levels. A pullback with some right side would be healthy here.
Ann: 1st Half FY19 Results Announcement, page-61
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