Stocks to watch: These stocks will be in focus tomorrow!
Cheviot Company Ltd, Coffee Day Enterprises Ltd and Sandur Manganese & Iron Ores Ltd were among the top gainers on the BSE Smallcap index!
The Indian benchmark indices experienced notable upward movement, driven by robust gains in the utilities, power, metals, and capital goods sectors. With 2,372 shares rising on the BSE and 1,499 shares declining, the advance-decline ratio strongly remained in favour of advances.
Watch out for these stocks in Tuesday’s trading session -
Cheviot Company Ltd: Emerging as the top gainer on the BSE Smallcap, the company witnessed a remarkable 19-fold increase in trading volume, causing its shares to hit the 20 per cent upper circuit limit, reaching a 52-week high of Rs 1,524.75 per share on the BSE. The company specializes in the production and sale of jute and jute products.
Coffee Day Enterprises Ltd: The shares climbed by more than 16 per cent, accompanied by a trading volume that surged more than 16-fold. The company functions as the holding company for the Coffee Day Group and operates within the area of coffee retail and exports, hospitality, and consultancy services.
Sandur Manganese & Iron Ores Ltd: Shares experienced a surge of over 16 per cent, reaching a 52-week high of Rs 2,264.70 on the BSE. The company has recently disclosed plans for a board of directors meeting scheduled on December 18, 2023, to consider the proposal for issuing bonus shares to its equity shareholders. Engaged in the mining of low phosphorous manganese and iron ore, the company stands as the largest private miner of manganese ore in India.
Top trending stocks of the day: Century Plyboards, Indian Railway Finance Corporation, BLS International Services, Tube Investments of India, Dixon Technologies, Polycab India Ltd.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
Disclaimer: The article is for informational purposes only and not investment advice.