The stock has rallied over 50 per cent so far in this quarter. Last Thursday, the stock hit a fresh all-time high of Rs 399.45. On the daily and intraday charts, the stock has formed a higher bottom series pattern which indicates a continuation of the uptrend in the near future.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.