Stocks to watch: These small-cap stocks will be in focus on Tuesday!
Following a variety of global cues, the benchmark equity indices on Monday nearly flattened out.
Following a variety of global cues, the benchmark equity indices on Monday nearly flattened out. Traders are caution about the Reserve Bank of India's policy announcement, which is scheduled for Wednesday, December 7. Real estate, PSU banks and metals were in high demand. While, Oil & gas, IT and healthcare sectors declined.
The following Small-Cap stocks are likely to be in focus on Tuesday, December 06, 2022:
BCL Industries: BCL Industries Ltd. has been been allocated 4.9 crores litres of ethanol, from the manufacturing unit at Bathinda (Punjab) with an order value of around Rs 285 crores, to be supplied to the OMC’s. Additionally, the Distillery unit of the Company has also bagged an order to supply 1.65 crore litres of ethanol to Reliance Industries with an order value of Rs 107 crore.
Rama Steel Tubes: The company received two big orders from Purvanchal Vidyut Nigam and Paschimanchal Vidyut Nigam aggregating to Rs 6.7 crore. The shares of Rama steel tubes saw a spurt in the trading volume and closed at a price of Rs 174.85 per shares after gaining by half a per cent.
KPI Green Energy: KPI Green has received the order for executing solar power project of 1.10 MWdc capacity from M/s lsha Prints. The share is trading close to its 52-week high at a price of Rs 975.
52-Week High: Bengal & Assam Company, ESAB India, Ganesha Ecosphere, Hi-Tech Pipes, Honda India Power Products
Keep an eye out for the above-listed small-cap stocks on December 06, 2022.