Stocks to watch: These small-cap stocks will be in focus on Wednesday!

Among the BSE Smallcap gainers were Jai Balaji Industries, Stylam Industries, AYM Syntex and TruCap Finance.

On Tuesday, the Sensex ended flat to close at 61,761.33, while Nifty 50 also closed flat at 18,265.95. Among the BSE Smallcap gainers were Jai Balaji Industries, Stylam Industries, AYM Syntex and TruCap Finance.   

The following Small-Cap stocks are likely to be in focus on Wednesday, May 10, 2023:    

Anupam Rasayan: The company informed the exchange that it has renewed long term contract worth Rs 436 crore with one of the leading German multinationals for supply of patented life science speciality chemical for the next 3 years on exclusive basis. This renewal is in accordance with the automatic renewal clause agreed upon by the parties in the long-term agreement signed three years ago, following the completion of the original contract duration of three years.   

Jai Balaji Industries: On Tuesday, shares of Jai Balaji Industries zoomed more than 19 per cent to trade on new 52-week high and intraday high of Rs 85.40 apiece on BSE. The scrip witnessed massive spurt in volume by more than 8.59 times.   

Stylam Industries: On Tuesday, shares of Stylam Industries surged more than 16.9 per cent to trade on new 52-week high and intraday high of Rs 1448.75 apiece on BSE. The scrip witnessed massive spurt in volume by more than 7.95 times.   

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52-week high: Apollo Tyres, BPCL, Dalmia Bharat, Linc, MIC Electronics, Va Tech Wabag  

Keep an eye out for the above-listed small-cap stocks on May 10, 2023.