Stocks to watch: These small-cap stocks will be in focus on Friday!
After a turbulent session today, the major equity benchmarks finished around to the day's high.
After a turbulent session today, the major equity benchmarks finished around to the day's high. Stocks in the banking, media and metal industries were in high demand, while pharma, healthcare and real estate stocks experienced some selling pressure. Because of the weekly index options expiry on the NSE, the stock market experienced periods of volatility.
The following Small-Cap stocks are likely to be in focus on Friday, December 09, 2022:
Mic Electronics: The Company has been awarded the tender for Supply, Installation, Testing and Commissioning of various passenger amenity items. The value of the said tender is Rs. 2.33 crore. The shares of MIC electronics have touched the upper circuit after gaining 5 per cent and closed at Rs 13.08 per share.
Talbros Automotive Components: The Company has received an order worth Rs. 60 crore in the heat shield business from a leading passenger vehicle (PV) OEM in India. This order is to be executed over a period of next 5 years. This order will help the company to increase their domestic market share which will help them grow in the coming years. With this order, they have added orders worth Rs. 880 crore during the current financial year across its business divisions, product segments and JVs.
Dredging Corporation of India: Numaligarh Refinery at Paradip Port awarded Rs 60 crore in reclamation to Dredging Corporation of India. As a result, high trading volume was seen and the shares of Dreading Corporation of India rose by 2.5 per cent and closed at Rs 418.55 per share.
52-Week High: Garden Reach Shipbuilders & Engineers, Blue Star, Hariom Pipe Industries, Power Mech Projects.
Keep an eye out for the above-listed small-cap stocks on December 09, 2022.