Stock for next DiwaliMarine Electrical Ltd is showing signs of recovery with a bounce from the recent support near ₹210. The stock is currently trading around ₹217 with RSI moving upwards, suggesting renewed buying momentum. Financials reflect strong quarterly growth in sales and profit, with operating profit reaching ₹20.45 crore in March 2024, showing resilience. This setup suggests potential upside toward ₹240-₹250 in the near term, with stop-loss below ₹200 for risk control. Ideal for positional traders looking for value recovery with a bullish outlook.