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In the Nifty500 pack, three stocks are witnessing Death Crossovers, according to stockedge.com's technical scan data.
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News and Media
Bharat Heavy Electricals Ltd (BHEL) secured a Rs 6,700 crore order from Singareni Collieries Company to establish an 800 MW thermal power unit in Telangana. BHEL will handle the design, engineering, manufacturing, supply, and more for the project, which underscores its role in India's energy security.
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Ajax Engineering's IPO saw a strong response, with a 6x overall subscription and 13x in institutional categories. Despite this, a flat debut is expected, with a GMP of Rs 0. The company is known for its significant innovations in concrete equipment, including the SLCM with load cell technology.
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News and Media
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