Responsive Industries Ltd. is a specialized manufacturer of vinyl flooring, synthetic leather, and luxury vinyl tiles (LVT) used in infrastructure, automotive, and lifestyle segments. It has a growing international footprint, with exports contributing significantly to its revenue mix. The stock is currently trading at INR 237.00, showing a sharp uptick on the back of strong volume and renewed investor interest.
Key Levels
Support Levels: INR 137.05, INR 164.90, INR 199.30 Swing Level: INR 237.00 Possible Upside: INR 318.95, INR 363.30, INR 419.80
Technical Indicators
RSI (Relative Strength Index): At 51.18, the RSI signals a neutral to mildly bullish setup. While not yet overextended, it hints at improving strength following recent accumulation.
Volume: At 4.66M, volume has expanded alongside price, indicating strong institutional interest and increased market participation.
Sector and Market Outlook
Responsive Industries operates in the infrastructure-linked materials and engineered surface solutions space, benefiting from:
Rising demand for affordable and decorative flooring in commercial real estate and transit hubs
Government-backed infra investment in healthcare and education facilities
Global shift toward eco-friendly, customizable vinyl solutions
Risks include exposure to PVC price volatility, logistics and export cycle sensitivity, and fluctuating margins due to competition and input costs.
Latest Developments
Export Growth: Significant volume growth reported in key geographies including Europe and Middle East
Product Innovation: Launch of high-durability and antimicrobial vinyl flooring for institutional use
Financial Performance: Operating margins improved on the back of scale efficiencies and better realization per unit
Dividend Update
Responsive Industries declared a dividend of ₹1.50 per share, reflecting improved profitability and a consistent payout policy.
Analysis Summary
Responsive Industries is gaining upward traction after a prolonged base formation. With volume expanding and indicators turning constructive, the stock appears to be transitioning into a positive trend. Supported by sector tailwinds and operational leverage, it presents a compelling case for further attention among mid-cap industrial growth names.
Key Levels
Support Levels: INR 137.05, INR 164.90, INR 199.30 Swing Level: INR 237.00 Possible Upside: INR 318.95, INR 363.30, INR 419.80
Technical Indicators
RSI (Relative Strength Index): At 51.18, the RSI signals a neutral to mildly bullish setup. While not yet overextended, it hints at improving strength following recent accumulation.
Volume: At 4.66M, volume has expanded alongside price, indicating strong institutional interest and increased market participation.
Sector and Market Outlook
Responsive Industries operates in the infrastructure-linked materials and engineered surface solutions space, benefiting from:
Rising demand for affordable and decorative flooring in commercial real estate and transit hubs
Government-backed infra investment in healthcare and education facilities
Global shift toward eco-friendly, customizable vinyl solutions
Risks include exposure to PVC price volatility, logistics and export cycle sensitivity, and fluctuating margins due to competition and input costs.
Latest Developments
Export Growth: Significant volume growth reported in key geographies including Europe and Middle East
Product Innovation: Launch of high-durability and antimicrobial vinyl flooring for institutional use
Financial Performance: Operating margins improved on the back of scale efficiencies and better realization per unit
Dividend Update
Responsive Industries declared a dividend of ₹1.50 per share, reflecting improved profitability and a consistent payout policy.
Analysis Summary
Responsive Industries is gaining upward traction after a prolonged base formation. With volume expanding and indicators turning constructive, the stock appears to be transitioning into a positive trend. Supported by sector tailwinds and operational leverage, it presents a compelling case for further attention among mid-cap industrial growth names.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.