Lakshya Powertech’s shares debut on the NSE SME platform at a 90% premium, opening at Rs 342 against an issue price of Rs 180. Funds from the public offer will address debt repayment, working capital, and general corporate needs. The company operates in oil and gas, renewable energy, power, and industrial sectors.
HFCL shares slide 26% in a month, placed near 200 DEMA support. Is a breakdown imminent?
The stock is currently trading at Rs 120, positioned below its 10, 20, 50, and 100-day exponential moving averages (DEMAs), while attempting to hold above