The stock formed a long bullish candle along with incremental volume activity and promising reversal formation near the 20-Day SMA (Simple Moving Average), indicating further upside from current levels.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000