So it all boils down to simple method for trend identification. A bullish rally setup which has been making higher high and higher lows has breached its previous higher low indicating we are in for some sideways to corrective phase. A new lower low indicate impending correction, but, till what levels? Another approach in technical […]
Curefoods Gears Up for IPO Amidst Rapid Growth and Market Expansion
Curefoods, a cloud kitchen startup founded in 2020 by former Flipkart executive Ankit Nagori, is preparing for an initial public offering (IPO) as it seeks to raise capital and expand its operations. The company is currently in discussions with investment banks and legal firms to manage the IPO process, with plans to raise between $300 […]
Hero Future Energies Eyes ₹3,500 Crore IPO Amid Global Expansion and Green Energy Push
Hero Future Energies (HFE), part of the Hero Group, is gearing up for a ₹3,500 crore initial public offering (IPO) to raise capital from public investors. The company is currently in discussions with potential underwriters, and four investment banks are expected to manage the offering. Legal counsel for the IPO is likely to be provided […]
Why Hasn’t MRF Split Its Stock Like Nestle India? A Deep Dive
On January 5, 2024, Nestle India announced a stock split in the ratio of 1:10. This meant that each share, previously priced at an astonishing ₹27,000, was converted into ten shares of ₹2,700 each. As a result, Nestle’s stock became more accessible to retail investors, increasing liquidity and potentially making the stock more attractive to […]