KPIT Technologies and 4 other midcap stocks surpass 100-day SMA

In the world of stock trading, technical indicators play a pivotal role in identifying potential investment opportunities. One such key indicator is the 100-day Simple Moving Average (SMA), offering insights into medium-term trends. On September 26, several noteworthy midcap stocks demonstrated their resilience by surpassing their 100-day SMA.

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

1. Astral
Astral Limited is a leading manufacturer of pipes and fittings for plumbing and agricultural applications. On September 26, its stock closed at Rs 1919.8, comfortably exceeding the 100-day SMA of Rs 1878.88.


2. Poonawalla Fincorp
Poonawalla Fincorp Limited is a non-banking financial company (NBFC) offering a range of financial services. On September 26, its stock closed at Rs 378.15, comfortably exceeding the 100-day SMA of Rs 372.68.

3. KPIT Technologies
KPIT Technologies Limited is a global technology company specializing in automotive and mobility solutions. On September 26, its stock closed at Rs 1086.6, comfortably exceeding the 100-day SMA of Rs 1077.63.

4. Gujarat Fluorochemicals
Gujarat Fluorochemicals Limited is a major player in the fluorochemicals and specialty chemicals industry. On September 26, its stock closed at Rs 3034.45, comfortably exceeding the 100-day SMA of Rs 3024.38.

5. Pfizer
Pfizer Limited is a globally recognized pharmaceutical company. On September 26, its stock closed at Rs 3858.65, comfortably exceeding the 100-day SMA of Rs 3856.41.

(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)