Venture- Gap up tomorrow! Closed well at 18.28, up 1.80 within a day, looks overstretched! It would be better if we wait a bit and let the market digest this gain! diode please

There was a gap yesterday! Closed well at 18.28, up 1.80 within a day, looks overstretched! It would be better if we wait a bit and let the market digest this gain! Diode please. Venture – The first quarter results update is out. Gross revenue increased 1.9 percent to Rs 628.5 million, net profit to Rs 56.3 million. EPS rose 19.5 cents, up 0.9 percent. I think the results are improving.

Outlook

Despite US tariffs, distraction from geopolitical conflicts, USD weakness, sanctions and other headwinds, Venture Group achieved a turnaround in our 1Q 2026 financial performance, albeit a modest, but significant year-over-year revenue increase. It’s like new shoots sprouting in early spring. We hope that these new shoots will grow in 2026. With existing customers and partners in our selected technology domains we are growing market share in the hardware sector. Our strong R&D labs are gaining popularity in the hyperscale data center and life science domains with new programs, products and systems…