The SME IPO of ATC Energies System opens today with a price band of Rs 112-118 per equity share. The company aims to raise up to Rs 63.76 crore. The IPO includes fresh and offer for sale equity shares. Proceeds will be used for various purposes, including repayment of borrowings and factory upgrades.
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.