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This drone stock hit the 10 percent upper circuit following a Rs 151 crore loan for its next-generation drone project, alongside defence procurement opportunities and improving technical momentum.
Schaeffler India Ltd has recently formed a Death Cross, a significant technical indicator where the 50-day moving average (DMA) crosses below the 200-DMA. This development signals a potential shift towards a bearish trend, reflecting a deterioration in the stock’s momentum and raising concerns about its near to…