The Technichem Organics IPO share allotment will be finalized soon, with investors able to check their status via BSE or the registrar’s website. Shares are expected to list on January 7, trading at a 27% premium in the grey market. The IPO received a strong subscription of 425 times.
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.