Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.Read More
The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:Read More
Galaxy Medicare launches its Rs 22.3-crore IPO today, featuring a fresh issue and an offer for sale, with share prices between Rs 51 and Rs 54. The company intends to utilize the raised capital for capital expenditure, working capital needs, and general corporate purposes. Despite a diversified product portfolio and established brand, the IPO shows muted grey market activity.Read More
Optivalue Tek Consulting’s SME IPO saw strong investor demand. The IPO was oversubscribed by 64.5 times. Non-institutional and retail investors showed particular interest. The company will list on September 10. The IPO price was Rs 80-84 per share. Funds raised will support expansion and product development. The company reported strong revenue and profit growth in FY25.Read More
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