Stocks to watch: These small-cap stocks will be in focus on Thursday!
The Nifty 50 index traded near the flat line for the majority of the session.
The benchmark equity indices saw a choppy trading session on Wednesday before finishing with modest losses. The Nifty 50 index traded near the flat line for the majority of the session. However, despite certain index majors remaining firm, the tone was mostly optimistic. After last week's significant upward movement, the sectors of auto, oil & gas and some PSU banks climbed while the sectors of pharmaceuticals and FMCG remained muted.
The following Small-Cap stocks are likely to be in focus on Thursday, December 29, 2022:
Strides Pharma Science: Stelis Biopharma, an emerging biopharmaceutical Contract Development and Manufacturing Organization (CDMO) and the biologics arm of Strides Pharma Science Limited announced that its CDMO partner has received approval for a key ANDA from the United States Food & Drug Administration (USFDA). The filing for the product was done from Stelis Biopharma’s flagship facility in Bangalore.
Hester Biosciences: Hester has signed an agreement towards receiving indigenously developed technology from Indian Council of Agricultural Research - National Institute of High Security Animal Diseases (ICAR-NIHSAD), for the development and commercialization of the Low Pathogenic Avian Influenza (H9N2 strain) Inactivated Vaccine for poultry.
52-week high: Capri Global Capital, Hariom Pipe Industries, Kirloskar Ferrous Industries, Kovai Medical Center & Hospital and Arvind SmartSpaces.
Keep an eye out for the above-listed small-cap stocks on December 29, 2022.