Many investors' are awaiting the 'return of acche din' for their small-caps holdings. The hysteria around small-caps stocks drained away in 2018 and with it flew out of the window a whole lot of overvaluation given to these small-cap companies.

The stock of TV18 Broadcast Limited has given downward sloping trendline breakout on Friday formed by connecting swing highs from October 16, 2018. The breakout was supported by strong volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

India’s public sector enterprise and miniratna company RITES announced its order book for FY19, on Friday. The total order book was up by 27.5 per cent during the financial year 2019. Reacting to the news, the stock price recovered from its intraday lows.

Fruit Pulp processing company Foods & Inns hit its 52-week high and all-time high following an investment by ace investor RK Damani's investment firm Derive. The stock was locked in its upper circuit limit of 20 per cent for the most part of the intraday trade on Friday.

Many investors tend to focus exclusively on investment returns with little concern for investment risk, however, is managing risk is also equally important.

Pharma major Lupin Limited, in a press release announced that it launched Testosterone Gel, on Friday. The company received USFDA approval for the same on Thursday.

It’s important for the stock to sustain and close above the neckline of the double bottom pattern which is placed in the region of Rs. 1,721-1,722. A sustainable move above the level of Rs. 1,721-1,722 is likely to open up gates for a further rally towards levels of Rs. 1,755.

Following stocks are close to their 52-weeks low as at 1.08 p.m. on April 12, 2019.

The markets on April 12, 2019 opened up. BSE Sensex is trading at 38,611.64, up by 4.63 points and the Nifty is trading at 11,594.75, down by 1.95 points. 

Leading capital good company Thermax informed the bourses that it has acquired the entire stake in its joint venture SPX Energy Technologies Limited (TSPX) on Thursday from partners namely Mutares Holding-24 AG, Germany and Balcke-Dürr GmbH, Germany.