IRFC Dish TV 7 others cross 50-day SMA - The Economic Times

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Several stocks showcased impressive performance as they crossed their 50-day Simple Moving Average (SMA) on 4 July 2023. The 50 SMA is a key technical indicator that provides insights into a stock's short-term trend. When a stock's price closes above its 50 SMA, it often indicates positive momentum and potential for further upside. Here's a list of 9 stocks that have surpassed their 50 SMA. (Data Source: StockEdge)
1. GMR Power and Urban Infra
GMR Power and Urban Infra demonstrated notable momentum on 4 July 2023, surpassing its 50 SMA of 17.95 with a closing price of 19.5.

2. Seamec
Seamec showcased impressive performance on 4 July 2023, crossing its 50 SMA of 673.11, with a closing price of 710.5. The company caters to underwater diving services to the offshore oil and gas industry.

3. Hindustan Foods
Hindustan Foods demonstrated remarkable momentum on 4 July 2023, surpassing its 50 SMA of 566.89, with a closing price of 574.85. The company provides a range of services to leading food brands.

4. Dish TV India
Direct-to-home (DTH) player Dish TV India showcased impressive performance on 4 July 2023, surpassing its 50 SMA of 14.87 with a closing price of 15.4.

5. Technocraft Industries (India)
Technocraft Industries (India) displayed notable strength on 4 July 2023, crossing its 50 SMA of 1583.43 with a closing price of 1597.15. Technocraft Industries specializes in manufacturing and exporting a diverse range of products, including steel drums, scaffoldings, and other industrial equipment.

6. Hester Biosciences
Animal health vaccines and biologicals company Hester Biosciences displayed impressive momentum on 4 July 2023, surpassing its 50 SMA of 1708.49 with a closing price of 1728.6.

7. IFB Industries
IFB Industries showcased notable strength on 4 July 2023, crossing its 50 SMA of 818.53 with a closing price of 824.6. IFB Industries offers a wide range of products, including washing machines, dishwashers, and kitchen appliances.

8. Media Matrix Worldwide
Media Matrix Worldwide exhibited encouraging momentum on 4 July 2023, surpassing its 50 SMA of 12.11 with a closing price of 12.24. The company specialises in providing innovative solutions for businesses to reach their target audiences through online channels.

9. Indian Railway Finance Corporation
Indian Railway Finance Corporation (IRFC) showcased positive momentum on 4 July 2023, crossing its 50 SMA of 32.86 with a closing price of 33.1. It is a dedicated financing arm of the Indian Railways and plays a crucial role in funding various railway infrastructure projects across the country.

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

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IRFC, Dish TV, 7 others cross 50-day SMA - The Economic Times
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