Overnight Digest: These SmallCap stocks will be in focus on Tuesday
The broader markets (BSE SmallCap Index) after slipping by more than 2 per cent on Monday trading session attempted a recovery only to close down by 1.6 per cent on closing basis.
BSE Telecom Index, BSE Bankex and BSE IT index were seen trading in green on Monday. Several SmallCaps managed to outperform frontline indices on Monday.
Following SmallCaps will be in focus on Tuesday:
Price Volume Breakout:
Cords Cable Industries,BLS International, Steel Exchange India, Hatson Agro, Escorts, Refex Industries and Lasa Supergenerics are some of the smallcaps that gained with a spike in volumes on Monday trading session. These stocks will be in focus on Tuesday trading session.
Upper Circuit Stocks:
Nihar Info Global, Megri Soft, Praj industries and Meghmani Finechem were seen locked in upper circuit on Monday trading session. These stocks will be in focus on Tuesday.
52-week High:
DC Infotech, Meghmani Organics, Deep Polymers, Kabra Drugs and Prabhat Technologies are some of the smallcaps that made a fresh 52 week high on Monday trading session. These stocks will be in focus on Tuesday.
R Systems:
R Systems International Limited has fixed Record Date for the purpose of determining the entitlement and names of the shareholders, who are eligible to participate in the buyback offer. The date fixed is 27 August. R Systems will be in focus on Tuesday.