|
Ellenbarrie Industrial Gases is set to debut on the BSE and NSE with a promising premium, fueled by strong IPO subscription and grey market sentiment. The IPO, oversubscribed 22.19 times, saw significant interest from QIBs and NIIs. EIGL intends to utilize the IPO proceeds for debt reduction and expansion, supported by robust financial growth and a diverse clientele.
Category:
News and Media
In the NSE list of stocks with a market cap over Rs 20,000 crore, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 30, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Category:
News and Media
Kalpataru, a Mumbai-based real estate developer, is launching on the Bombay Stock Exchange and National Stock Exchange. This follows its Initial Public Offering of Rs 1,590 crore. The IPO saw moderate subscription. Proceeds will be used to repay borrowings. Despite past financial losses, recent data hints at a turnaround. Analysts suggest cautious optimism for long-term investors.
Category:
News and Media
All news |
||||||||||||||||||
|