Stocks to watch: These small-cap stocks will be in focus on Tuesday!
The domestic equity indices pared all gains and closed the day on a negative note.
The domestic equity indices pared all gains and closed the day on a negative note. The negative global cues dampened the investors’ sentiments. Sensex tumbled 675 points while Nifty 50 lost 216 points to close at 16,878 level. Likewise, Bank Nifty index slipped 653 points to end at 37,978 level.
The following Small-Cap stocks are likely to be in focus on Tuesday, October 4, 2022:
Wardwizard Innovations & Mobility: The company is India’s leading manufacturer of electric two-wheelers’ brand. It sold 4,261 units of electric two-wheelers in September 2022, registering a growth of 70 per cent. This is almost double the growth as compared to September 2021, when the company had sold 2,500 units of electric two-wheelers.
63 Moons Technologies: Multi Commodity Exchange of India Limited (MCX) and 63 Moons Technologies have agreed to a fresh arrangement for software support services to the Exchanges for a period of three months, commencing October 1, 2022. The shares of 63 Moons Technologies have appreciated more than 4 per cent and closed at Rs 162.05 per share today.
Sterlite Technologies: Sterlite Technologies Ltd (STL) announces ‘Gram Galaxy’, India’s first integrated solution to connect villages with fibre. STL has 30 years of optical experience and the capacity to carry out large-scale projects. The shares of Sterlite Technologies dipped 0.30 per cent and ended the day at Rs 164 per share.
Aurionpro Solutions: One of the biggest private sector banks in India placed an agreement with Aurionpro Solutions for its Murex services. This is a key victory that launches Aurionpro's relationship with this top bank in Murex services sector and is likely to grow further in the future. Aurionpro Solutions traded at Rs 418 per share and surged 27.38 per cent in a period of one month.
52-week high stocks: Shivalik Bimetal Controls, RPG Life Sciences, Metro Brands, Ingersoll-Rand (India), and Mazagon Dock Shipbuilders.
Keep an eye out for the above-listed small-cap stocks on October 4, 2022.