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United Heat Transfer shares started trading on the NSE SME platform at a 3.3% premium, listing at Rs 60.95 compared to the issue price of Rs 59. Proceeds from the public offer will be utilized for loan repayment, working capital, and corporate purposes.
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In the NSE large-cap pack, six stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 28, 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:
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Mazagon Dock Shipbuilders and CRISIL, along with two other companies, have set October 30 as the record date for determining eligibility for their announced dividends. Mazagon Dock declared an interim dividend of Rs 23.19 per share, with payment due by November 20. CRISIL, Gabriel India, and Supreme Industries also announced their interim dividends.
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News and Media
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