Balkrishna Industries, Siemens, 7 other stocks cross 20-day SMA

economictimes.indiatimes.com:

Balkrishna Industries and Siemens led the way, exemplifying strong performance in their respective industries. Let's explore the performance of these stocks. (Data Source: StockEdge)1. Balkrishna Industries Balkrishna Industries celebrated an upswing as its stock crossed the 20-day SMA at Rs 2393.92 and closed at Rs 2502.35 on July 26.

The company is a leading manufacturer of off-highway tyres, catering to agricultural, industrial, and construction sectors globally.2. SiemensSiemens demonstrated robust market momentum as its stock crossed the 20-day SMA at Rs 3713.42 and closed at Rs 3763.3 on July 26. The company is a global technology powerhouse, offering solutions in electrification, automation, and digitalization.3. Torrent PowerTorrent Power showcased positive market movement, crossing the 20-day SMA at Rs 617.11 and closing at Rs 638.95 on July 26.

The company is a leading power utility, engaged in power generation, transmission, and distribution.4. Bajaj Electricals Bajaj Electricals achieved a notable milestone as its stock crossed the 20-day SMA at Rs 1247.43 and closed at Rs 1273.6 on July 26. The company is a prominent player in consumer electricals, lighting solutions, and engineering projects.5. Mahindra Lifespace DevelopersMahindra Lifespace Developers witnessed market strength as its stock crossed the 20-day SMA at Rs 481.35 and closed at Rs 491 on July 26.

The company is engaged in the development of residential and commercial properties.6. Chambal Fertilisers and Chemicals Chambal Fertilisers and Chemicals demonstrated positive market movement, crossing the 20-day SMA at Rs 270.88 and closing at Rs 275.7 on July 26. The company is a significant player in the fertilizers and agri-inputs industry.7.