The fintech firm from the insurance industry space hit a fresh high of Rs 1,470 son after its listing on 17 November 2021 but failed to keep the momentum going. The stock closed at Rs 577 on 16 August, a downside of over 60 per cent.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty200 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 05, according to stockedge.com’s technical scan data.