TCS, Adani Green Energy, DLF and more gain momentum by crossing 20-day SMA

economictimes.indiatimes.com:

Let's delve into the stocks that crossed their 20 SMA on July 12, 2023, and provide a brief overview of these companies. (Data Source: StockEdge)1. DLF DLF crossed its 20-day SMA of 491.83, closing at 492.4 on July 12, 2023.

DLF is one of India's largest real estate companies, specializing in residential, commercial, and retail properties.2. Life Insurance Corporation of India (LIC) LIC witnessed a crossover of its 20-day SMA, moving from 621.31 to 620.45 on July 12. LIC is the largest life insurance company in India and offers a wide range of life insurance products and services.3. Adani Enterprises Adani Enterprises crossed its 20-day SMA, moving from 2392.57 to 2387.9 on July 12.

Adani Enterprises is a diversified conglomerate with interests in various sectors, including energy, logistics, infrastructure, and agribusiness.4. Tata Consultancy Services (TCS) TCS witnessed a crossover of its 20-day SMA, moving from 3252.78 to 3259.9 on July 12. TCS is a leading global IT services and consulting company, providing a wide range of technology solutions to businesses across industries.5. Power Grid Corporation of India Power Grid Corporation of India crossed its 20-day SMA, moving from 251.18 to 252.05 on July 12.

Power Grid Corporation of India is a state-owned company engaged in the transmission and distribution of electricity.6. Hindustan Unilever Hindustan Unilever crossed its 20-day SMA, moving from 2685.28 to 2673.65 on July 12. Hindustan Unilever is one of India's leading consumer goods companies, offering a wide range of products in categories such as personal care, home care, and foods.7. Godrej Consumer Products Godrej Consumer Products crossed its 20-day SMA, moving from 1063.17 to 1068.35 on July 12.