Star Health and Allied Insurance Company, 3 more stocks cross the 200-Day SMA
In the world of stock market analysis, indicators like the 200-day Simple Moving Average (SMA) are essential for understanding long-term trends. On October 12, 2023, several major stocks displayed significant movements by crossing their 200-day SMAs.
Let's explore the performance of these stocks. (Data Source: StockEdge)
1. Sterlite Technologies
Sterlite Technologies, a global technology company, surpassed its 200-day SMA of Rs 160.38.
On October 12, 2023, the company's stock closed at Rsv 162.1.
2. Star Health and Allied Insurance Company
Star Health and Allied Insurance Company, one of India's largest standalone health insurance providers, had a 200-day SMA of Rs 580.81. On October 12, 2023, the company's stock closed at Rs 586.55.
3. Petronet LNG
Petronet LNG, a leading player in the Indian energy sector specializing in liquefied natural gas (LNG), showed a 200-day SMA of Rs 226.22.
On October 12, 2023, the company's stock closed at Rs 228.35. The company ensures a reliable supply of natural gas to various sectors, including energy and industry.
4. Saregama India
Saregama India, a renowned music label and content provider, had a 200-day SMA of Rs 359.01.
On October 12, 2023, the company's stock closed at Rs 362.1. With a rich heritage in the music industry, Saregama India offers a vast repository of iconic songs and provides services ranging from music distribution to licensing.
(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own.
