Infosys, RIL and 10 other stocks cross 20-day SMA

The crossing of the 20-day SMA suggests positive investor sentiment and may indicate potential opportunities for upward price movements in the market. Archean Chemical Industries, Cochin Shipyard, Mastek, HEG, Mazagon Dock Shipbuilders, Hindustan Aeronautics, Infosys, Mahindra Logistics, NMDC Steel, Reliance Industries, Jamna Auto Industries and Godrej Consumer Products demonstrated their resilience by crossing their 20 SMA, reflecting their market strength on August 14. Let's explore the performance of these stocks. (Data Source: StockEdge)

1. Archean Chemical Industries
Archean Chemical Industries demonstrated its potential by crossing its 20 SMA with a closing price of Rs 539.15.

2. Cochin Shipyard
Cochin Shipyard showcased bullish momentum by exceeding its 20 SMA with a closing price of Rs 687.9.

3. Mastek
Mastek, a prominent IT solutions provider, exhibited its potential by crossing its 20 SMA with a closing price of Rs 2135.45.

4. HEG
HEG demonstrated bullish momentum by surpassing its 20 SMA with a closing price of Rs 1727.55.

5. Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders exhibited its potential by crossing its 20 SMA with a closing price of Rs 1863.1.

6. Hindustan Aeronautics
Hindustan Aeronautics demonstrated bullish momentum by exceeding its 20 SMA with a closing price of Rs 3878.85.

7. Infosys
Infosys, a global leader in IT services and consulting, showcased its potential by crossing its 20 SMA with a closing price of Rs 1393.55.

8. Mahindra Logistics
Mahindra Logistics exhibited bullish momentum by surpassing its 20 SMA with a closing price of Rs 379.85.

9. NMDC Steel
NMDC Steel showcased potential by crossing its 20 SMA with a closing price of Rs 46.8.

10. Reliance Industries
Reliance Industries, a conglomerate with diverse business interests, exhibited bullish momentum by crossing its 20 SMA with a closing price of Rs 2577.25.

11. Jamna Auto Industries
Jamna Auto Industries demonstrated potential by surpassing its 20 SMA with a closing price of Rs 111.05.

12. Godrej Consumer Products
Godrej Consumer Products showcased bullish momentum by crossing its 20 SMA with a closing price of Rs 1035.55.

(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)