Overnight Digest: These small caps will be in focus on Thursday

Sharda Cropchem, Pressman Advertising, Global Education, Wonder Fibromats, SEL Manufacturing Company, Sejal Glass, United Polyfab Gujarat, Astec LifeSciences and Jindal Worldwide made a fresh 52-week high today.  

On Tuesday, domestic equity markets managed to break their 5-day losing streak and end in the green territory. Headline indices Nifty 50 and Sensex closed with gains of 0.75 per cent and 0.64 per cent, at 17,278.00 and 57,858.15 respectively. BSE Small-cap index outperformed broader markets by climbing 0.81 per cent to end the session at 28,869.33.

The following small-cap stocks are likely to be in focus on Thursday, January 27, 2022:  

CarTrade Tech – The company has announced unaudited standalone and consolidated financial results for the third quarter ended December 31, 2021. It has recorded the highest ever quarterly revenue at Rs 102 crore in Q3-FY22. Adjusted EBITDA for the quarter is at Rs 32 crore, with an adjusted EBITDA margin of 32 per cent. The company has said in a filing with the exchange that it received 31 million average monthly unique visitors for Q3FY22, of which 86.20 per cent was organic.

The number of listings for auction were 326,319 for Q3FY22. There was a growth of over 53 per cent over Q3FY21. The volumes sold via auction were 72,639 for Q3FY22, a growth of over 60 per cent over Q3FY21.

Datamatics Global Services – The company has announced that it has been recognized by IBS Intelligence (IBSi) for the Most Innovative Use of Process Automation Award: Most Impactful Project at the IBS Intelligence Global Fintech Innovation Awards ceremony. Datamatics CERSAI 'Bot As a Service' case study wins the award for implementing a ready bot for one of India’s largest private bank.

Thomas Cook (India) – To accelerate travel revival, the company and its group company, SOTC Travel, have introduced a slew of over 50 attractive Mauritius holidays. Customers can opt for air-inclusive or land-only products starting at unbeatable prices.  

52-week High Stocks – Sharda Cropchem, Pressman Advertising, Global Education, Wonder Fibromats, SEL Manufacturing Company, Sejal Glass, United Polyfab Gujarat, Astec LifeSciences and Jindal Worldwide made a fresh 52-week high today.  

These small-cap stocks will likely be in focus on Thursday, January 27, 2022.