RailTel share price: RailTel has bagged a Rs 210 crore order from Bihar Education Project Council under the PM SHRI scheme to supply digital infrastructure and related services aimed at enhancing education quality in the state. The project is slated for completion by September 2026.Read More
“RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.Read More
Adani Power share price: Adani Power signed a 25-year power supply agreement with Bihar State Power Generation Company for a 2,400 MW ultra supercritical thermal power plant in Bhagalpur district. The $3 billion DBFOO project is expected to strengthen Bihar’s power availability and generate thousands of jobs.Read More
Dev Accelerator’s IPO saw massive oversubscription. The IPO closed on September 12. Allotment finalization is scheduled for September 15. Refunds and demat credits are expected on September 16. The shares will debut on NSE and BSE on September 17. The IPO received strong demand across all investor categories. The company plans to use the funds...Read More
TechD Cybersecurity’s SME IPO is set to open for subscription. The IPO aims to raise Rs 38.99 crore. Vijay Kedia backs the cybersecurity firm. Grey market activity indicates a strong debut. The company will use the funds to expand operations. TechD provides cybersecurity solutions to various clients. Revenue and profit have shown significant growth.Read More
Mumbai-based Vashishtha Luxury Fashion’s IPO, valued at Rs 8.87 crore, is set to list on September 15, with moderate subscription levels and a GMP of around 7%. The IPO saw subscription of 2.18 times overall. The company, specializing in high-fashion embroidery exports, plans to use the IPO proceeds for expansion and debt repayment.Read More
Urban Company’s IPO received strong interest. The grey market premium soared. Share allotment will be finalized today. Investors can check allotment status online. The IPO was oversubscribed. Analysts termed it a high-risk, high-reward bet. The company’s unique model focuses on hyperlocal home services. They invest in training service professionals. Early investors are seeing significant returns.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.Read More
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