The average advance-to-decline (A/D) ratio has narrowed to 0.871 so far this month. The November’s ratio has declined from an average of 1.27 in the previous month, and it is the lowest reading since 0.821 seen in March 2020 when the Coronavirus pandemic induces a selloff in the world equities market, data showed. A falling ratio shows more stocks – mainly small-caps and mid-caps – are dropping than gaining.
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,