Technical breakout: Shree Renuka Sugars, DC Shriram and 6 other stocks cross 100-day SMA

economictimes.indiatimes.com:

Optiemus Infracom, Shree Renuka Sugars, Insecticides (India), Dwarikesh Sugar Industries, Fine Organic Industries, Shipping Corporation Of India, IOL Chemicals and Pharmaceuticals, and DCM Shriram showcased strong performance in their respective sectors. Let's explore the performance of these stocks.

(Data Source: StockEdge)1. Optiemus InfracomOptiemus Infracom, a leading technology company, displayed resilient market momentum by crossing its 100-day SMA at Rs 208.27, with a closing price of Rs 222.9 on August 3.2. Shree Renuka SugarsShree Renuka Sugars, a prominent player in the sugar industry, demonstrated positive market momentum as it surpassed its 100-day SMA at Rs 44.56, with a closing price of Rs 45.65 on August 3.3. Insecticides (India)Insecticides (India), a leading agrochemicals company, showcased impressive market performance by crossing its 100-day SMA at Rs 457.99, with a closing price of Rs 464.55 on August 3.4. Dwarikesh Sugar IndustriesDwarikesh Sugar Industries, a significant player in the sugar manufacturing segment, demonstrated positive market momentum by surpassing its 100-day SMA at Rs 90.61, with a closing price of Rs 91.15 on August 3.5. Fine Organic IndustriesFine Organic Industries, a leading player in the specialty chemicals industry, showcased strong market performance as it surpassed its 100-day SMA at Rs 4563.86, with a closing price of Rs 4588.15 on August 3.6. Shipping Corporation Of IndiaShipping Corporation Of India, a prominent shipping company, demonstrated positive market momentum as it crossed its 100-day SMA at Rs 101.82, with a closing price of Rs 102.1 on August 3.7. IOL Chemicals and PharmaceuticalsIOL Chemicals And Pharmaceuticals, a leading pharmaceutical company, displayed