"Hospitality, hotels, travel – these are the themes we are extremely positive on. Some stocks have started correcting. If one sees corrections in the names like Indian Hotels and also smaller names like Lemon Tree as well as some of the travel related plays and footwear, we definitely have a positive view. The next two quarters will provide good growth for some of the themes.”

A total of 338,447 shares changed hands on the counter till 12:17PM (IST)

The stock price started its upmove from Rs 90 recorded on November 2020. The stock made a series of higher tops and higher bottoms and finally, it made a high of Rs 800 in January 2022.

The stock quoted a 52-week high of Rs 915.49 and a 52-week low of Rs 451.6.

On the technical charts, the 200-day moving average of the stock stood at Rs 263.62.

According to the data available from Ace Equity, at least 130 stocks turned multibaggers during the July to September period and delivered up to 1,560% returns on a quarter-to-date basis (QTD). Among them, 15 stocks zoomed more than 300%, whereas another dozen counters have jumped between 200-300%.

However, Ambhaikar has agreed to extend his services on a retainer ship basis for a period of two years effective October 1, 2022, where he will be designated as Technical Head for certain projects of Supriya Lifescience to ensure their timely execution, knowledge transfer and smooth transition to his successor, the company said in a BSE filing.

A total of 12,551 shares changed hands on the counter till 12:02PM (IST)

The Relative Strength Index of the stock stood at 59.59 on Wednesday.