Stocks trading above their 200-day moving average (DMA) are considered to be in a strong bullish trend, as the 200 DMA is a key technical indicator that helps gauge the long-term price direction of a stock. Despite the recent dip in the Nifty 50 index, which fell from 26,277 to 23,800 and has since recovered to 24,487, several stocks have remained resilient and continue to trade above their 200 DMA.
This indicates investor confidence in the long-term growth prospects of these stocks thus offering potential opportunities for investors amidst market volatility.
1. Tejas Networks
Tejas Networks is a leading provider of optical networking equipment, offering innovative solutions for telecom operators, enterprises, and government projects.
The company focuses on high-performance products for 4G, 5G, and broadband networks. With strong R&D capabilities and a growing global presence, Tejas Networks is well-positioned to capitalize on the expanding demand for telecom infrastructure, particularly in the 5G and smart city segments.
Current Market Price: Rs. 1,410 , 200-Day Moving Average: 1,097
2. Piramal Pharma Ltd
Piramal Pharma Ltd, part of the Piramal Group, is a diversified healthcare company with expertise in contract manufacturing, over-the-counter drugs, and prescription medicines. It operates in critical therapeutic areas such as oncology and ophthalmology.
The company has a global footprint and focuses on providing high-quality products, along with robust R&D and manufacturing capabilities. Its strong business model and strategic acquisitions have positioned it for long-term growth in the global pharmaceutical market.
Current Market Price: Rs. 293.55, 200-Day Moving Average: 168.5
3. Zensar Technologies Limited
Zensar Technologies is an IT services and consulting company, specializing in digital transformation, cloud solutions, and AI-driven technologies. Serving clients in industries like banking, retail, and manufacturing, Zensar offers end-to-end technology services, from consulting to implementation.
With a strong global presence and focus on innovation, Zensar has built a reputation for delivering value through digital solutions, helping businesses stay competitive in the rapidly changing technology landscape.
Current Market Price: Rs. 747, 200-Day Moving Average: 664.75
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4. Aditya Birla Real Estate Ltd
Aditya Birla Real Estate Ltd, a part of the Aditya Birla Group, focuses on residential, commercial, and mixed-use real estate projects in key Indian cities. Known for its high-quality developments and sustainable practices, the company aims to meet the growing demand for urban housing and office spaces.
With a strong financial backing and a focus on modern designs, Aditya Birla Real Estate is well-positioned to capture growth in India’s real estate market.
Current Market Price: Rs. 2,887.5, 200-Day Moving Average: 2,094.3
5. Affle India Ltd
Affle India Ltd is a global leader in mobile advertising and digital marketing, specializing in AI-driven solutions to optimize user engagement and customer acquisition. With platforms like the “Affle Consumer Platform,” the company helps brands drive targeted campaigns across mobile-first markets.
Affle’s data-driven approach and strong presence in emerging markets have made it a key player in the fast-growing digital marketing sector, offering significant growth potential.
Current Market Price: Rs. 1,640, 200-Day Moving Average: 1,315.27
Conclusion
These five small-cap stocks are demonstrating strong technical strength by trading above their 200 DMAs despite market volatility. Operating in diverse sectors from technology to real estate, these companies show robust business models and growth potential. Their resilience above the 200 DMA suggests sustained investor confidence in their long-term prospects.
Written By: Dipangshu Kundu
Disclaimer
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