RESPONSIVE INDUSTRIESResponsive 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.
