The company’s quarterly update on Wednesday sent the stock lower. The stock was already quoting at expensive valuations and failed to meet expectations. The punishment was severe, and it broke all-important support and closed below the 20 and 10-day SMA.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an