Naturewings Holidays shares made a strong debut on the BSE SME platform, listing at Rs 95, a 28.4% premium over the issue price of Rs 74. The IPO saw robust investor interest with a subscription rate of 300 times. The funds will be used for working capital, marketing, and corporate purposes.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 16, according to stockedge.com’s technical scan data.