Harsha Engineers share price: The stock was last seen trading higher than the 5-day moving averages but lower than the 20-day, 50-, 100- and 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 43.94. A level below 30 is defined as oversold while a value above 70 is considered overbought.
Harsha Engineers International stock listing: The company listed at Rs 450 (up 36.36 per cent) on the NSE against the IPO issue price of Rs 330. Market cap of the firm rose to Rs 4,097 crore.
Harsha Engineers had fixed a price band of Rs 314-330 for the IPO. The quota reserved for qualified institutional buyers got oversubscribed 178.26 times. Likewise, the portion reserved for non-institutional investors and retail individual investors also got oversubscribed by 71.72 times and 17.63 times, respectively.