Stocks to watch: These stocks will be in focus tomorrow!
Spencers Retail Ltd, Puravankara Ltd and Alok Industries Ltd were among the top gainers on the BSE Smallcap index!
The Indian benchmark indices concluded the last week on an optimistic note, with the Nifty 50 index surpassing the significant milestone of 21,000. The Reserve Bank of India (RBI) opted to maintain the repo rate at 6.5 per cent while forecasting a 7 per cent GDP growth for the current fiscal year.
Watch out for these stocks in Monday’s trading session -
Spencers Retail Ltd: As the top gainer on the BSE Smallcap index, the company's shares experienced a remarkable surge of nearly 20 per cent, reaching a fresh 52-week high at Rs 120.60 per share on the BSE. The company is a multi-format retailer offering a diverse range of quality products across categories such as food, personal care, fashion, home essentials, electrical, and electronics.
Puravankara Ltd: The shares witnessed a four-fold surge in trading volume, hitting a 52-week high of Rs 189 per share on the BSE. The company specializes in the development and sale of real estate projects, with a focus on metropolitan cities such as Bengaluru, Hyderabad, Chennai, Kolkata, Mumbai, and Pune.
Alok Industries Ltd: Experiencing strong buying interest, the shares surged by more than 13 per cent on Friday, reaching a 52-week high of Rs 23.75. The company stands as a prominent player in the textile industry, manufacturing high-quality garments. Additionally, it is actively involved in mending and packing operations, as well as the production of leather and other apparel products.
Top trending stocks of the day: GMR Airports Infrastructure, Elgi Equipments, Praj Industries, Nazara Technologies, Sobha Ltd, Mazagon Dock Shipbuilders, JSW Steel, REC Ltd.
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Disclaimer: The article is for informational purposes only and not investment advice.