Funds will be allocated towards fuelling growth, expanding the network of buyers and suppliers and undertaking acquisitions, according to offer documents. Axis Capital, Goldman Sachs (India) Securities, Jefferies India, and JM Financial are the bankers for the IPO.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty 500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 18, according to stockedge.com’s technical scan