Stocks to watch: These small-cap stocks will be in focus on Wednesday!
After the sharp drop of last week, investors turned to value investing. After China announced further relaxation of COVID-19 limitations, global signals were encouraging.
On Tuesday, the major equity indices rose for a second straight session and settled with significant gains. After the sharp drop of last week, investors turned to value investing. After China announced further relaxation of COVID-19 limitations, global signals were encouraging.
The following Small-Cap stocks are likely to be in focus on Wednesday, December 28, 2022:
Capacit'e Infraprojects: The company has received a contract worth 695 crore from Saifee Burhani Upliftment trust for construction of core and shell work at Bhendi bazar, Mumbai. The shares of Capacit'e Infraprojects jumped by nearly 5 per cent and closed at 138.40 per share.
Time Technoplast: The Company has received prestigious repeat order from Adani Total Gas Limited for supply of CNG Cascades made from Type-IV Composite Cylinder for a total value of Rs. 75 crore (appx). The delivery of these cascades will begin from January 2023. The shares of Time Technoplast rose by nearly 6 per cent and ended the day at Rs 88.65 per share.
Centum Electronics: The company witnessed high volume in trading and the shares made a new 52-week high. Moreover, the company also touched the upper circuit and closed at Rs 750.10 per share.
52-week high: Bengal & Assam Company, CCL Products (India), Kirloskar Ferrous Industries.
Keep an eye out for the above-listed small-cap stocks on December 28, 2022.