Savy Infra and Logistics will launch its IPO on Monday, July 21, to raise up to Rs 69.98 crore at the upper price band of Rs 120. The issue comprises 58.32 lakh equity shares and will be listed on NSE Emerge. The proceeds will fund working capital and general corporate purposes.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.