Stocks to watch: These small-cap stocks will be in focus on Thursday!
Among the BSE Smallcap gainers were Patel Engineering, Greenpanel Industries, KRBL and Prism Johnson
On Wednesday, the Sensex dipped by 159 points to close at 59,567.80, while the Nifty 50 slipped by 41.40 points to close at 17,618.75. Among the BSE Smallcap gainers were Patel Engineering, Greenpanel Industries, KRBL and Prism Johnson.
The following Small-Cap stocks are likely to be in focus on Thursday, April 20, 2023:
Patel Engineering: On Wednesday, the stock price of Patel Engineering, a small-cap company, surged 20 per cent to make an intraday of Rs 18.21 following the inclusion of Kedia Securities in the list of shareholders of the construction firm. Vijay Kedia, a renowned investor, is the promoter of Kedia Securities.
CMS Info Systems: The company informed the exchange that it has secured 30 per cent of ATMs across India through its proprietary award-winning security application ‘ALGO OTC’. This application helps banks implement RBI guidelines on OTC Lock Activation to ensure the mitigation of risks during ATM operations and enhance security.
Marksans Pharma: The has completed the acquisition of a manufacturing site from Teva Pharmaceutical Industries India. The acquisition was first announced in October 2022 and has now been finalized, enabling Marksans to start operating at the newly acquired facility in Verna, Goa.
52-week high: Axita Cotton, Sheetal Cool Products, TVS Motors, NCC, Ethos, GI Engineering.
Keep a watch for the above small-cap stocks on April 20, 2023.