Fifteen stocks were found to be trading with Relative Strength Index (RSI) trending down, according to a report by StockEdge. From this group, ETMarkets has selected 10 stocks that are currently trading in an overbought zone. The RSI is a commonly used technical analysis tool that assesses the magnitude and speed of price changes in a security
Procter & Gamble: The new unit builds on top of P&G India’s existing manufacturing footprint of eight plants across the country and expands the existing presence in Gujarat where it has had a plant in Sanand, Ahmedabad, since 2015. The new facility is situated across a 5.3 lakh square feet area and will manufacture products in the digestive wellness space.
The company said a confluence of a few factors are working in India s favour - digital infrastructure that exists and the amount of insights across different dimensions is very different from any other markets along with the physical infrastructure, especially the thrust into rural areas, creating jobs among others.
The new unit builds on top of P&G Indias existing manufacturing footprint of eight plants across the country and expands the existing presence in Gujarat where it has had a plant in Sanand, Ahmedabad, since 2015. The new facility is situated across a 5.3 lakh square feet area and will manufacture products in the digestive wellness space.
This year, as we continue the journey towards a decade, Startup India remains firmly in focus, in keeping with the countrys standing as the worlds third largest startup ecosystem, and aspiring to be Number 1.