Stocks to watch: These small-cap stocks will be in focus on Monday!
Among the BSE Smallcap gainers were Jagsonpal Pharmaceuticals, Intellect Design Arena, Foseco India, Fino Payments Bank and Mukand Ltd
On Friday, the Sensex dipped by 106 points to close at 66,160.20, while Nifty 50 dipped by 13 points to close at 19,646.05. Among the BSE Smallcap gainers were Jagsonpal Pharmaceuticals, Intellect Design Arena, Foseco India, Fino Payments Bank and Mukand Ltd.
The following Small-Cap stocks are likely to be in focus on Monday, July 31, 2023:
Advait Infratech: The company informed the exchange that it has received an order for the supply of optical fiber ground wire worth Rs 35.80 crore. The order is to be executed within 12 months. Advait Infratech Ltd is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields.
Garden Reach Shipbuilders & Engineers: The company announced that it is set to launch its Autonomous Underwater Vehicle (Aerospace & Defense). The Autonomous Underwater Vehicle (AUV) is a lightweight and easily portable device developed by GRSE in collaboration with Aerospace Engineering Private Limited (AEPL) as an industry partner. It boasts a fully autonomous operational capability, and its modular design allows for versatile use with different payloads.
Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.
Jagsonpal Pharmaceuticals: On Friday, shares of Jagsonpal Pharmaceuitcals zoomed and got locked at 20 per cent upper circuit to trade at a new 52-week high level of Rs 452.90. The scrip witnessed massive spurt in volume by more than 7 times. Jagsonpal Pharmaceuticals Ltd is primarily engaged in the manufacturing and trading of pharmaceutical products and APIs.
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52-week high: 5 Paisa Capital, Agarwal Industries, Anand Rathi Wealth Ltd, Apar Industries and BHEL
Keep an eye out for the above-listed small-cap stocks on July 31, 2023.
Disclaimer: The article is for informational purposes only and not investment advice.