Indo Farm Equipment IPO share allotment is expected to be finalized soon. Investors can check their allotment status on BSE or registrar’s website. Indo Farm Equipment received huge IPO subscriptions, with shares anticipated to list on January 7. The company plans to use IPO funds for repayment of borrowings, NBFC investment and general corporate purposes.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.