Sumitomo Chemical India (SCIL) is part of Sumitomo Chemical Company (Japan) and is a leading player with a 12% share in the India agri-input market. Strong parentage offers a competitive edge in terms of technical capabilities, strong distribution, and R&D support.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.