4 Stocks Moving Above 100-Day Moving Average

The markets opened higher and are moving up, BSE Sensex is up by 416.06 points or 0.71% at 59,378.18, while the Nifty is 119.05 points up (0.69%) at 17,423 on intraday basis.

There are four companies whose share price have crossed their 100-day simple moving average mark to show a positive trend. The companies are APL Apollo Tubes Ltd, eClerx Services Ltd, Voltamp Transformers Ltd and The Ramco Cements Limited. Given below are the details.

Company Name	Current market price (Rs/share)	100-day moving average	Market capitalisation (Rs in crore)
APL Apollo Tubes Ltd	1257.70	1,135.15	21,493.14
eClerx Services Ltd	1416.55	1,387.14	3,157.26
Voltamp Transformer Limited	2797.25	2,696.09	1,411.92
The Ramco Cements Limited	724.25	701.11	9,218.31

APL Apollo Tubes Limited

APL Apollo Tubes Limited is the largest producer of Structural Steel Tubes in India. It has an extended distribution network of warehouses and branch offices in 29 cities across the country catering to domestic as well as 20 countries worldwide. It has 11 manufacturing units and is headquarterd at Delhi NCR.

The share price is up by 5.84% to Rs 1257.70 per equity share. Its 52- week high and low is at Rs 1,336.80 and Rs 801.40 respectively. In one year the price has gone up by 46.53%.

In one year the share price of eClerx services has fallen by 5.37% in one year to Rs 1416.55 per share, and up is by 1.2% on intraday basis. The 52-week low is at Rs 1,223.95 and its 52-week high is at Rs 1,707.52 per share.

eClerx Services Ltd provides business process management, automation and analytics services to a number of Fortune 2000 enterprises. The company provides its services to various industries like financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies.

The share price of Voltamp Transformer Limited has gone up by 61.83% to Rs 2797.25 per share from 52-week low price of Rs 1,728.50 per share. Its 52-week high is at Rs 3,686 per share. In one year the share price has scaled up by 50.07% and over three years its 115.95% up.

Voltamp Transformers Limited is an Oil filled Power, Distribution and Dry type Transformer manufacturing company based in Vadodara, Gujarat State in India since year 1967.The company also provides repair and maintenance services for any make of Transformers. It has branches and service centers all over country with two manufacturing units in Vadodara.

The Ramco Cements Limited (formerly Madras Cements Limited) is a part of the Ramco Group with headquarters in Chennai, India. It was established in 1961 by P.A.C. Ramasamy Raja. It has 5 Integrated Cement manufacturing units, 6 grinding units, and 1 Packing terminal across India. The company also produces Ready-Mix Concrete(RMC) and Dry Mortar products.

The share price has fallen by 6.67% in one year to Rs 724.25 per share. Its 52-week high is Rs 825 per share and 52-week low is at Rs 575.05 per share.

Disclaimer:

Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision. This article is for information purposes only and not in any way a stock recommendation.