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breakout stocks: Breakout Stocks: How Tanla Platforms and Tejas Networks are looking on charts for Friday s trade

Zomato, which has been in a downtrend since November 2021, recently showed signs of a potential reversal. The stock has been consolidating within a wide range of 75-50, with higher volume participation during the lowest points.

Hindustan Oil share price: The week that was in 10 stocks: Hindustan Oil zooms 32%, Future Group stocks bleed

In the BSE 500 index, about 270 stocks ended the week on a negative note while the rest closed with gains. Among the gainers, just 14 counters registered double-digits gain during the week.

Tejas Networks Stock price News: Tejas Networks Rallies Over 30% In Three Sessions Here Is Why

Tejas Networks shares have rallied 33 per cent in last three trading session. Shares of telecom equipment maker - Tejas Networks - rose by its daily maximum limit of 10 per cent for third session in a row on Friday to hit an all-time high of Rs 221.50. The stock has been on investors radar after the Union Cabinet approved Production Linked Incentive (PLI) scheme for telecom equipment makers. Tejas Networks is likely to reap benefits from the PLI scheme and is the reason behind the rally in stock price, analysts said. The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved Rs 12,195 crore production linked incentive (PLI) scheme for the telecom and networking products in order to boost India s manufacturing capabilities and enhance exports.

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