Escorts Kubota, Rajesh Exports, 5 other midcap stocks surpass 20-Day SMA
SMA). This technical achievement is closely watched by investors as it often signifies short-term trends. Let's explore the performance of these stocks.
(Data Source: StockEdge)
1. CG Power and Industrial Solutions
CG Power and Industrial Solutions is a notable player in the electrical equipment industry. On September 22, its stock notched up a closing price of Rs 440.5, surpassing the 20-day SMA of Rs 433.14.
2. Carborundum Universal
Carborundum Universal is a leading manufacturer of abrasives, ceramics, and electro-minerals.
Its stock reached a closing price of Rs 1191.25 on September 22, crossing the 20-day SMA of Rs 1173.03.
3. Indus Towers
Indus Towers, a key player in the telecommunications infrastructure space, closed at Rs 183.4 on September 22, surpassing its 20-day SMA of Rs 181.23.
4. Phoenix Mills
Phoenix Mills is a renowned real estate developer and operator of shopping malls.
On September 22, its stock closed at Rs 1831.55, crossing the 20-day SMA of Rs 1818.98.
5. Pfizer
Pfizer, a globally recognized pharmaceutical company, closed at Rs 3857.95 on September 22, surpassing its 20-day SMA of Rs 3852.72.
6. Escorts Kubota
Escorts Kubota operates in the agricultural machinery sector.
On September 22, its stock closed at Rs 3126.55, above the 20-day SMA of Rs 3123.92.
7. Rajesh Exports
Rajesh Exports is a leading gold jewellery manufacturer and exporter. On September 22, its stock closed at Rs 510.75, slightly above the 20-day SMA of Rs 510.55.
(Disclaimer: This is an AI-generated article.
