Overnight Digest: These small cap stocks will be in focus on Friday

The Nifty reversed its losses of previous day to close in green on Thursday. Barring BSE Auto Index, all the sectoral indices closed in green with BSE IT index, BSE Realty index and BSE FMCG index catching investors’ attention. 

BSE SmallCap index and BSE MidCap index performed in line with the frontline indices. 

Following small cap stocks will be in focus on Friday:

Alembic Ltd: The share price of Alembic Ltd jumped higher by more than 16 per cent on Thursday with spurt in volumes. The stock has been in an intermediate downtrend and hence the up move on Thursday is significant. Alembic Ltd will be in focus on Friday.

Tinplate Company of India: The share price of Tinplate Company of India soared by 20 per cent on Thursday. The stock was locked in the 20 per cent upper circuit after the company board approved its expansion plan. Tinplate shares will be in focus on Friday.

First Source Solutions: The share price of First Source Solutions jumped higher by more than 6 per cent on Thursday. The shares of First Source Solutions have moved higher after breaking out of the consolidation range. The stocks managed to close above the 20D SMA and 30D EMA on Thursday. The stocks will be in focus on Friday.

Fine Organic Ltd: The shares of Fine Organic Ltd managed to close above the 30D EMA on Thursday after soaring by more than 7 per cent. The stock gave a price volume breakout on Thursday. Fine Organic will be in focus on Friday.

52-week high:  Jindal Photo, La Opala RG, TD Power Systems, Zen Technologies, 8k Miles Software, VRL Logistics and PTC India were seen making a fresh 52 week high on Thursday. These small cap stocks will be in focus on Friday.

BLS International: BLS International shares traded higher with a multi-year breakout on Friday. The shares gained on Thursday as the company signed contract with The Republic of Philippines Department of Foreign Affairs.