Synopsis: 7 Nifty 500 stocks like Engineers India, Welspun Corp, Jindal Saw, Tata Power, Thermax, HFCL, and Schaeffler India are showing a golden crossover, suggesting improving momentum and possible upward price movement.
A golden crossover is a positive sign that a stock’s price might go up. It happens when a short-term average price moves above a long-term average price, showing that the stock is gaining strength and investor confidence is improving.
Specifically, A golden crossover happens when the 50-day average price goes above the 200-day average price. This shows that the stock has been doing better recently compared to its long-term trend. Many investors see this as a good sign, so it often leads to more buying and increased interest in the stock. Here are a few Nifty 500 stocks with a golden crossover
Engineers India Limited
Engineers India Limited (EIL) is a Navratna PSU under the Ministry of Petroleum and Natural Gas, providing engineering consultancy and EPC services. Founded in 1965 and headquartered in New Delhi, it plays a major role in India’s oil, gas, and petrochemical infrastructure development, with growing ventures into renewable energy, infrastructure, and fertilizer sectors.
The golden crossover took place on April 22, 2026, at a price of Rs. 204.63 with decent volumes of 6.1 million shares. The stock is currently trading at Rs. 243.68 in Thursday’s session, reflecting a 0.77 percent decrease in the intraday trade.
Welspun Corp Limited
Welspun Corp Limited (WCL) is an Indian multinational manufacturer of welded steel pipes and other infrastructure materials. As the flagship company of the Welspun World, it is among the world’s largest producers of large-diameter line pipes used in the oil, gas, and water sectors, supplying clients across fifty countries.
The golden crossover took place on April 22, 2026, at a price of Rs. 859.51 with strong volumes of 3.97 million shares. The stock is currently trading at Rs. 1,204.10 in Thursday’s session, reflecting a 5.70 percent increase in the intraday trade.
Jindal Saw Limited
Jindal Saw Limited is an Indian manufacturing company specializing in steel and iron pipes, fittings, and related products. It is part of the O.P. Jindal Group and serves critical sectors such as energy, water supply, and infrastructure through its large-scale pipe manufacturing and engineering capabilities.
The golden crossover took place on April 21, 2026, at a price of Rs. 191.83 with decent volumes of 2.35 million shares. The stock is currently trading at Rs. 245.28 in Thursday’s session, reflecting a 0.13 percent increase in the intraday trade.
Tata Power Company Limited
Tata Power Company Limited is an Indian electric utility company and the country’s largest integrated private power enterprise. Headquartered in Mumbai and part of the Tata Group, it operates across the full electricity value chain, from generation to distribution and energy services. Founded in 1919, Tata Power has played a key role in electrifying India and driving its clean energy transition.
The golden crossover took place on April 21, 2026, at a price of Rs. 387.61 with decent volumes of 9.01 million shares. The stock is currently trading at Rs. 430.30 in Thursday’s session, reflecting a 1.32 percent decrease in the intraday trade.
Thermax Limited
Thermax Limited is an Indian engineering company providing energy and environmental solutions for industrial and commercial sectors. Headquartered in Pune, it specializes in clean energy, water and waste management, air pollution control, and sustainable chemicals, supporting global efforts toward decarbonization and energy transition.
The golden crossover took place on April 17, 2026, at a price of Rs. 3,204.98 with decent volumes of 217.15 K shares. The stock is currently trading at Rs. 4,059.70 in Thursday’s session, reflecting a 0.16 percent increase in the intraday trade.
HFCL Limited
HFCL Limited is an Indian technology and telecom equipment company specializing in fiber-optic cables and communication network solutions. Founded in 1987 as Himachal Futuristic Communications Limited, it designs, manufactures, and integrates advanced connectivity products used in telecom, defense, and enterprise networks across more than 30 countries.
The golden crossover took place on April 20, 2026, at a price of Rs. 73.17 with decent volumes of 35.53 million shares. The stock is currently trading at Rs. 97.75 in Thursday’s session, reflecting a 2.61 percent decrease in the intraday trade.
Schaeffler India Limited
Schaeffler India Limited is a publicly listed automotive and industrial component manufacturer headquartered in Pune, Maharashtra. A subsidiary of the Germany-based Schaeffler Group, it produces precision bearings, engine and transmission components, and chassis systems under the brands FAG, INA, and LuK, serving automotive, rail, and industrial markets across India and abroad.
The golden crossover took place on April 20, 2026, at a price of Rs. 3,970.02 with decent volumes of 113.3 K shares. The stock is currently trading at Rs. 4,220.10 in Thursday’s session, reflecting a 1.60 percent decrease in the intraday trade.
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