20-day sma: Delhivery, MRF, 7 other mid cap stocks cross 20-Day SMA
The achievement of surpassing the 20-day SMA is a notable technical milestone for these midcap stocks, often indicating short-term positive trends.
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The achievement of surpassing the 20-day SMA is a notable technical milestone for these midcap stocks, often indicating short-term positive trends.
Uno Minda has introduced new made-in-India alloy wheels in the country. - Overdrive
The company's board of directors approved the acquisition of the remaining 3.81 percent stake in Uno Minda Europe Gmbh to make it a wholly-owned subsidiary. The acquisition is worth 1.3 million euros.
On Tuesday, 745 stocks advanced, 2934 declined and 126 remained unchanged, with an advance decline ratio of 0.25 indicating a negative closing of stocks. After seven straight sessions of gains, markets showed symptoms of cooling off as major indices ended mixed in a session that started out volatile but later became range-bound.
The brokerage has picked 11 stocks with a market cap of more than $2 billion, which it believes will double from the current levels over the next three years. The stocks include KEC International, Trent, Escorts Kubota, Bharat Forge, Astral, TVS Motor, IDFC First Bank, IndiaMart, Havells India, Uno Minda and Mahindra & Mahindra Financials.