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It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
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News and Media
Elfin Agro India's shares are set for their BSE SME debut on March 12, with the grey market suggesting a listing near its Rs 47 issue price. The Rs 25 crore IPO, which saw modest subscription, aims to bolster working capital. The agro-processing firm, known for wheat products and mustard oil, operates across eight states and two union territories.
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In the NSE list of stocks with a market cap over Rs 1000 crore, 10 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on March 11, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:
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