Micro-cap stocks are those with a market capitalization of less than Rs 500 crore. Although they are often overlooked by investors, micro-cap stocks can offer the potential for high returns. In fact, some micro-cap stocks have seen their profits grow by over 1,000 per cent in just one quarter.

The broader market sentiment continues to reflect optimism, with 1092 advancing stocks outnumbering 927 declining ones. This suggests an overall positive sentiment in the broader market, contributing to a nuanced trading landscape.

On November 22, 2023, foreign institutional investors (FII) offloaded shares worth Rs 306.56 crore, while domestic institutional investors (DII) bought shares worth Rs 721.24 crore.

Shares of the company gained more than 14 per cent in the last six months.

Can this multibagger small-cap stock be the next L&T? Company has solid order book and trades at low PE; received new order for setting up an ethanol plant

The broader market sentiment remained optimistic, with 2060 advancing stocks outnumbering 1309 declining ones, indicating a prevailing positive sentiment in the broader market.

IPO Rating: Apply for the long-term 

The company recently also bagged about a Rs 20.61 crore order from the Indian Navy.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a slight gain of 50.89 points or 0.08 per cent.

Under the multi-year agreements valid until June-August 2024, Axita Cotton will supply various grades of Indian raw cotton bales tailored to the requirements of these business partners. With strong expertise in cotton cultivation, processing