200-day sma stocks: Nykaa, Bata India among 4 stocks that cross 200-day SMA hot news

In the dynamic world of the stock market, investors are always on the lookout for meaningful indicators to make informed investment choices. The Simple Moving Average (SMA) is a vital tool that provides insights into a stock’s long-term performance. On October 25, several major stocks demonstrated significant movements by surpassing their 200-day SMA, signifying potential changes in their stock trends.

Let’s explore the performance of these stocks. (Data Source: StockEdge)

1. Bata India
Bata India Limited is a renowned footwear company. With a closing price of 1588.6 on October 25, the stock has exceeded its 200-day SMA of 1575.32.

2. Schaeffler India
Schaeffler India Limited is a leading industrial and automotive component manufacturing company, offering a wide range of precision products. With a closing price of 2981.65 on October 25, the stock has surpassed its 200-day SMA of 2971.3.

3. Elgi Equipments
Elgi Equipments Limited is a prominent air compressor and automotive equipment manufacturing company, known for its innovative solutions. With a closing price of 484.7 on October 25, the stock has exceeded its 200-day SMA of 484.56.

4. FSN E-Commerce Ventures (Nykaa)
FSN E-Commerce Ventures Limited (Nykaa) is an e-commerce company involved in online retail and related services. With a closing price of 140.45 on October 25, the stock has surpassed its 200-day SMA of 139.2.

(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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