BSE Industrials: Yesterday, these two small-cap multibagger stocks touched new 52-week highs in a volatile market. Will they continue the momentum today?

Shares of both companies rallied more than 8 per cent.

Ador Welding Ltd is a leading player in the field of Welding Products, Technologies, and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals, and other sectors. The company’s share price climbed from Rs 265.3 on 11 August 2020 to Rs 840 on 10 August 2022, an increase of 216.62 per cent in just 2 years. As the company is expected to announce its June quarter results soon, and the shares rallied by 8.57 per cent and the scrip ended at Rs 840. The stock touched a fresh 52-week high of Rs 893 and it has a 52-week low of Rs 588.35

TD Power Systems Ltd is engaged in manufacturing AC generators and Electric motors for various applications which are specifically designed to suit the needs of the customers based on their requirements and specifications. The company’s share price climbed from Rs 112.95 on 11 August 2020 to Rs 624 on 10 August 2022, an increase of 457 per cent in just two years. It has reported a total income of Rs 211.06 crore in Q1FY23 as against Rs 165.41 crore reported in Q1FY22. It has posted a profit of Rs 21.49 crore for the quarter under review as against Rs 10.38 crore posted in the same quarter the previous year. The shares rallied by 8.94 per cent and the scrip ended at Rs 624. The stock touched a fresh 52-week high of Rs 638.35 and it has a 52-week low of Rs 174.90.