10% upper circuit: Stock under Rs 200 surges ahead of quarterly results, check details
The stock's 14-day relative strength index (RSI) is 53.64. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of education sector company Shanti Educational Initiatives Ltd. are on investors' radar on Thursday, i.e. on February 5, 2025. Despite widespread selloff in the benchmark indices, the stock has gained around 10 per cent to Rs 174 to hit an upper circuit. The market cap of the company stood at Rs 2,801.40 crore. The action in the stock comes even as stock markets declined. After starting the trade…