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sma: Alkyl Amines, IRB Infra among 5 stocks which hit below their 200-day SMA

Several stocks, including Alkyl Amines Chemicals, IRB Infrastructure Developers, Gujarat Ambuja Exports, SRF, and Aegis Logistics, are trading below their 200-day Simple Moving Average (SMA). It is important to take a comprehensive approach to investment and evaluate a company s long-term fundamentals, strategic initiatives, and potential catalysts that could drive future growth. Thorough research, monitoring industry trends, and analyzing company-specific factors are crucial for making informed investment decisions aligned with investment goals. Investors should focus on analyzing the long-term financial health, growth prospects, and industry trends of these stocks.

Third-party logistics market in India to grow by 8 62% from 2022 to 2027; The modernization of logistics infrastructure in India to be a primary trend in the market

Board resolutions face shareholder pushback

Shareholder activism in India s listed firms has increased, with proxy advisory firm Institutional Investor Advisory Services reporting that multiple voting outcomes over the last week show institutional investors decisions on dozens of board resolutions. The average percentage of voting by shareholders stood at 74.91% for last week, with one resolution having more than 75% of the institutional investors voting against, and 11 resolutions with 100% of the institutional investors voting in favour.

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