While IiAS has cited Ambani’s age – 28 years – as a reason for its opposition on the ground that it does not align with its voting guidelines, ISS, according to Bloomberg, cited his limited leadership or board experience of six years as a reason for its recommendation.
Negative Breakout: These 8 midcap stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 24, according to technical scan data from StockEdge.