Biofuel producer TruAlt Bioenergy, based in Bengaluru, filed its draft prospectus with Sebi to raise funds through an IPO. The issue includes ₹750 crore fresh issue and 36 lakh shares for sale by promoters. Proceeds will be used to establish multi-feedstock operations, including grains, and support working capital and corporate expenses.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the NSE Large Cap pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 5, according to stockedge.com’s technical