Smallcap Triumph! Edelweiss Financial Services, 4 more stocks surpass 100-day SMA
Smallcap stocks often come with the potential for significant growth and can offer attractive investment opportunities. On September 21, several smallcap companies caught the attention of investors as they crossed their 100-day Simple Moving Average (SMA), a technical indicator used to assess short-term trends. Let's explore the performance of these stocks.
(Data Source: StockEdge)
1. Praveg Communications India
Praveg Communications India Limited, a smallcap company, demonstrated robust performance by crossing its 100-day SMA. The stock surpassed a 100-day SMA of 484.98 with a closing price of 529.9 on September 21.
2. Best Agrolife
Best Agrolife Limited, operating in the agrochemicals sector, crossed its 100-day SMA with a 100-day SMA of 1119.84 and a closing price of 1130.6 on September 21.
3. Pix Transmissions
Pix Transmissions Limited, a smallcap player, surpassed its 100-day SMA with a 100-day SMA of 1078.08 and a closing price of 1081 on September 21.
4. Amrutanjan Health Care
Amrutanjan Health Care Limited, a familiar name in the healthcare and wellness industry, crossed its 100-Day SMA.
The stock crossed a 100-day SMA of 633.84 with a closing price of 633.95 on September 21.
5. Edelweiss Financial Services
Edelweiss Financial Services Limited, a smallcap company in the financial services sector, saw its stock cross above the 100-day SMA. The stock surpassed a 100-day SMA of 53.54 with a closing price of 53.55 on September 21.
(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
