Praj Industries stocks: Praj Industries, Star Health, two others cross 200-day SMA

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In the dynamic world of stock markets, identifying key indicators can help investors make informed decisions. On July 7, 2023, several notable stocks crossed their 200 Simple Moving Average (SMA). Let’s take a closer look at these stocks and the companies behind them.
The data has been sourced from StockEdge and information pertaining to stocks which have crossed their 200-day SMA on July 10, Monday will be updated later today after market hours.1. Praj Industries
Praj Industries, an Indian company specialising in sustainable solutions for bioenergy, water, and high purity process systems, showcased promising growth on July 7, 2023. Its stock closed at Rs 397.35, surpassing the 200 SMA of Rs 373.27.

2. Sobha
Sobha Limited, a leading real estate developer in India, demonstrated a bullish trend by surpassing its 200 SMA on Friday, July 7, 2023. The stock closed at Rs 576.20, outperforming the 200 SMA of Rs 567.04.

3. Star Health and Allied Insurance Company
Star Health and Allied Insurance Company, a prominent player in the insurance sector, experienced a notable breakthrough on July 7, 2023. Its stock closed at Rs 602.70, crossing the 200 SMA of Rs 597.07.

4. National Standard (India)
National Standard (India) Limited, a renowned manufacturer and supplier of high-quality steel pipes, witnessed a positive market response on July 7, 2023. The stock closed at Rs 4880.40, surpassing the 200 SMA of Rs 4848.76.

(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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