The 50 SMA represents the average closing price of a stock over the past 50 days and is closely watched by investors. In this article, we will analyze several stocks that crossed their 50 SMA on July 6, 2023. Let's dive into the details and explore these companies.
(Data Source: StockEdge)1. Sunteck Realty Sunteck Realty, a leading real estate developer focusing on premium residential and commercial properties, closed at Rs 298.5 on July 6, surpassing its 50 SMA of Rs 291.37.2. GMR Airports Infrastructure GMR Airports Infrastructure is a major player in the airport infrastructure sector.
On July 6, the stock closed at Rs 44.7, crossing its 50 SMA of Rs 43.86.3. Havells India Havells India, a leading electrical equipment company, achieved a closing price of Rs 1308.75 on July 6, surpassing its 50 SMA of Rs 1295.09.4. Petronet LNG Petronet LNG, a major importer and marketer of liquefied natural gas, closed at Rs 228.4 on July 6, crossing its 50 SMA of Rs 226.25.5. The New India Assurance Company The New India Assurance Company is one of the largest general insurance companies in India.
On July 6, the stock closed at Rs 118.25, surpassing its 50 SMA of Rs 117.43.6. Sona BLW Precision Forgings Sona BLW Precision Forgings is a leading automotive technology company specializing in precision forging solutions. On July 6, the stock closed at Rs 523.95, surpassing its 50 SMA of Rs 520.52.7. Zee Entertainment Enterprises: Zee Entertainment Enterprises is a prominent media and entertainment company known for its diverse range of television channels and digital platforms.
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