Anand Rathi names Markolines Pavement Technologies as stock pick of the month with a target price of Rs 188.
The stock has broken out of its ₹154‑₹156 consolidation zone, trading near a key falling trendline resistance with support at ₹154‑₹157.
Technicals show price above Ichimoku cloud, positive line alignment and RSI around 66, indicating bullish momentum.
Company has executed over 5,381 lane‑km of highway maintenance, migrated to BSE Mainboard (June 2025) and applied for NSE listing (Aug 2025).