5 Fundamentally Strong Stocks Trading Below 200 DMA to Keep on Your Radar
Explore five fundamentally strong stocks, including ITC and Gravita India, currently trading below their 200-day moving average, presenting potential buying opportunities.
200 DmaStock AnalysisFundamentally Strong StocksBuying OpportunitiesIndian StocksReal EstateJun 23, 2025
When a stock’s price is below the 200 DMA, it is often considered to be in a bearish phase. However, it could also present a buying opportunity if the stock shows signs of reversal or if it is oversold.
1. ITC Limited
ITC Limited is one of India’s largest conglomerates with a diversified presence across FMCG, hotels, paperboards, packaging, agri-business, and information technology. The company is well known for its popular brands in cigarettes, packaged foods, and personal care. ITC has a strong focus on sustainability and rural development, and is headquartered in Kolkata, making it a prominent player in both Indian and global markets.
With a market capitalization of Rs. 5,23,653.34 crores on Friday, the stock closed at Rs. 418.45 per share, which is below its 200-day moving average of Rs. 439.38. The stock is currently down by 4.7 percent from its 200-day moving average.
2. Polycab India Limited
Polycab India Limited is the largest manufacturer of wires and cables in India and a rapidly growing player in the fast-moving electrical goods (FMEG) sector. Its product portfolio includes wires, cables, fans, lighting, switches, switchgear, solar products, and domestic appliances. The company also undertakes engineering, procurement, and construction (EPC) projects and has numerous manufacturing facilities across India.
With a market capitalization of Rs. 90,450.34 crores on Friday, the stock closed at Rs. 6,011.95 per share, which is below its 200-day moving average of Rs. 6,248.31. The stock is currently down by 4 percent from its 200-day moving average.
3. Pidilite Limited
Pidilite Industries Limited is a leading Indian manufacturer of adhesives, sealants, and construction chemicals. Its flagship brand, Fevicol, is a household name in India. The company also produces art materials, industrial resins, and specialty chemicals. Pidilite has a strong distribution network and exports its products to several countries.
With a market capitalization of Rs. 1,50,153.11 crores on Friday, the stock closed at Rs. 2954.85 per share, which is below its 200-day moving average of Rs. 3,006.12. The stock is currently down by 1.7 percent from its 200-day moving average.
4. KEI Industries Limited
KEI Industries Limited is a major Indian manufacturer of electrical cables and wires, including power cables, control cables, and house wires. The company serves sectors such as power, infrastructure, real estate, and industrial projects. KEI also undertakes engineering, procurement, and construction (EPC) projects and has a significant domestic and international presence.
With a market capitalization of Rs. 34,188.24 crores on Friday, the stock closed at Rs. 3,577.95 per share, which is below its 200-day moving average of Rs. 3,794.10. The stock is currently down by 5.9 percent from its 200-day moving average.
5. Gravita India Limited
Gravita India Limited specializes in lead recycling and the manufacturing of lead products. The company operates recycling plants in India and abroad, focusing on eco-friendly processes. Gravita supplies lead and lead alloys to battery manufacturers and other industries. It is recognized for its sustainable business practices and global footprint in the recycling sector.
With a market capitalization of Rs. 12,399.82 crores on Friday, the stock closed at Rs. 1,680.00 per share, which is below its 200-day moving average of Rs. 2,046.99. The stock is currently down by up to 18 percent from its 200-day moving average.
Frequently Asked Questions
What is the 200-day moving average (200 DMA)?
The 200-day moving average is a technical indicator calculated by taking the average closing prices of a security over the past 200 days. It is often used to identify trends and potential support or resistance levels.
Why is it significant if a stock trades below its 200 DMA?
If a stock trades below its 200 DMA, it is often considered to be in a bearish phase. However, it can also indicate a buying opportunity if the stock shows signs of reversal or is oversold.
What sectors does ITC Limited operate in?
ITC Limited operates in sectors such as FMCG, hotels, paperboards, packaging, agri-business, and information technology. It is known for brands like cigarettes, packaged foods, and personal care products.
What are the primary products of Polycab India Limited?
Polycab India Limited primarily produces wires, cables, fans, lighting, switches, switchgear, solar products, and domestic appliances. It is the largest manufacturer of wires and cables in India.
What is the global presence of Gravita India Limited?
Gravita India Limited operates recycling plants in India and abroad, focusing on eco-friendly processes. It supplies lead and lead alloys to battery manufacturers and other industries globally.
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