Happy Forgings’ IPO will comprise a fresh issue of ₹500 crore and an offer for sale (OFS) of up to 8.05 million shares. The Ludhiana-based company is an engineering-led manufacturer of high-precision machined components.
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 21, according to technical scan data from StockEdge.
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s
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