Vikran Engineering, backed by marquee investors, is set to debut on the bourses after its Rs 772 crore IPO saw robust subscription across investor categories. Despite strong fundamentals, including a 32% revenue CAGR and a Rs 5,120 crore project pipeline, the grey market premium signals only modest listing gains. Analysts highlight growth visibility but flag working capital and regulatory concerns.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on March 12, 2026, according to stockedge.com’s technical scan