Stocks to watch: These smallcap stocks will be in focus tomorrow!

Asian Hotels (East), Seamec, Lemon Tree Hotels, Supreme Petrochem, INOX Leisure, Madras Fertilizers, Shyam Century Ferrous, Royal Orchid Hotels, Pitti Engineering, Som Distilleries & Breweries, Gujarat Ambuja Exports and Usha Martin made a fresh 52-week high today.  

On Monday, Indian equity markets staged a decent recovery in the second half of the session. Headline benchmark indices Nifty 50 and Sensex ended in the green territory at 17,229 and 57,616.16, respectively, up by 0.44 per cent each. 

BSE Smallcap index recorded losses of 0.52 per cent, closing at 27,655.19 amid a volatile session. Top gainers of the index include Lemon Tree Hotels, Seamec, Supreme Petrochem, INOX Leisure, Gujarat Alkalies and Chemicals, and Aster DM Healthcare. Top losers comprise Future Enterprises, Valiant Organics, Future Supply Chain Solutions, Yaari Digital Integrated Services, Future Lifestyle Fashions and Subex. 

The following smallcap stocks are likely to be in focus on Tuesday, March 29, 2022:  

G R Infraprojects – The company has informed the exchange that it has emerged as an L-1 bidder for the tender invited by the National Highways Authority of India for construction of 4- lane greenfield expressway spur from Delhi-Vadodara greenfield expressway near Bandikui to Jaipur in Bharatmala Pariyojana Phase-1 on Hybrid Annuity Mode in the state of Rajasthan. The bid project cost is Rs 1,368 crore.

Kalyan Jewellers India – The company has recently announced board approval for the appointment of Vinod Rai as the Chairman and Independent Non-Executive Director on the board of the company. The appointment will be subject to obtaining requisite regulatory and shareholders’ approvals. 

Izmo – The company has recently launched a new CGI-based product – izmoEmporio, in the US market. izmoEmporio offers a CGI-powered 3D virtual showroom experience that can be embedded in auto dealer websites. The online experience becomes more engaging and interactive for a consumer, increasing the likelihood of a successful purchase. 

Saboo Sodium Chloro – The company has recently secured a bulk order for industrial salt from M/s Malchand Dindayal Salts Pvt Ltd worth up to Rs 13 crore. The order is expected to be fully realized by March 2023, while the planned monthly supply is 4000 MT. 

52-week High Stocks – Asian Hotels (East), Seamec, Lemon Tree Hotels, Supreme Petrochem, INOX Leisure, Madras Fertilizers, Shyam Century Ferrous, Royal Orchid Hotels, Pitti Engineering, Som Distilleries & Breweries, Gujarat Ambuja Exports and Usha Martin made a fresh 52-week high today.  

These small-cap stocks will likely be in focus on Tuesday, March 29, 2022.