Day's Movers: These small-cap stocks soared sharply defying the prevalent market weakness

Sastasundar Ventures and Max India were locked in the upper circuit on August 29.

At the closing bell on August 29, the Sensex closed weaker at 57,972, down by 1.46 per cent or 861 points, while the Nifty index closed at 17,312.90, down by 246 points or 1.4 per cent.  

  ​​​​​Sastasundar Ventures and Max India witnessed positive action in today’s session.  

   Shares of Sastasundar Ventures Ltd were locked in a 20 per cent upper circuit in today’s session at Rs 348. Sastasundar Ventures is into building a Digital Network of healthcare managing efficient pharma supply chain and connecting doctors, diagnostic services, healthcare clinics and health information services. The shares of Sastasundar Ventures were the biggest gainer in the “B” Group in today’s session after a huge correction last week leading to a 52-week low at Rs 234 on August 22. 

Another stock locked in the upper circuit of 20 per cent was Max India. The company has intimated the cancellation of 1,07,57,252 Shares under the Scheme of Reduction of Capital of Max India. Post cancellation the Equity Share Capital of the company stand reduced to 4,30,29,009 Equity Shares of Rs 10 each fully paid up. At the closing bell, the shares of Max India were locked at Rs 91.20, a gain of 20 per cent over its previous close. At Rs 91.20, the shares of Max India also logged a new all-time high. Max India Limited is the holding company of Max Group’s Senior Care business ‘Antara’, and a skilling company ‘Max Skill First’. Antara, which is Max India’s flagship company operating in the senior care business, is an integrated service provider for all senior care needs.