midcap stocks demonstrated their potential by surpassing their 50-day SMA.
Let's explore the performance of these stocks. (Data Source: StockEdge)
1. Tata Elxsi
Tata Elxsi Limited is a leading global design and technology services provider.
On September 26, its stock closed at Rs 7310.9, comfortably exceeding the 50-day SMA of Rs 7263.09.
2. Sundram Fasteners
Sundram Fasteners Limited is a prominent manufacturer of high-precision components for the automotive sector. On September 26, its stock closed at Rs 1246.3, comfortably exceeding the 50-day SMA of Rs 1238.97.
3. Sona BLW Precision Forgings
Sona BLW Precision Forgings Limited is a leading supplier of automotive systems and components.
On September 26, its stock closed at Rs 577.3, comfortably exceeding the 50-day SMA of Rs 576.44.
4. Kansai Nerolac Paints
Kansai Nerolac Paints Limited is a well-known name in the paints and coatings industry. On September 26, its stock closed at Rs 327.9, comfortably exceeding the 50-day SMA of Rs 327.74.
(Disclaimer: This is an AI-generated article.