Overnight Digest: Mid cap and small cap stocks to watch out for on June 28!

BSE Smallcap index closed in green however it underperformed BSE Sensex

The stocks to watch out from the midcap and small cap space include Laurus Lab, Zee Media, Sandur Manganese Iron Ore, 3i Infotech, Alphageo , Aegis Logistics, Gati and All Cargo for following reasons :-

1. Laurus Lab: The positive news of CARE ratings upgradation of Laurus Lab banking facilities will keep the stock in focus on Monday trading session.

2. Zee Media:- The stock was locked in upper circuit on Friday and shall be in focus on Monday trading session.

3. Sandur Manganese Ore:- Sandur Manganese Ore made a fresh 52 week high for itself and also entered the unchartered territory on Friday. The positive momentum will garner investors’ interest in the counter on Monday next week. 

4. 3i Infotech: - Investors are finally talking cognizance of the fact that 3i Infotech may get delisted soon. The compnay has already made its recapitalisation plan public. The stock hit its lower circuit on Friday and is expected to be in focus on Monday. 

5. All cargo, Gati, Aegis Logistics: - Logistics companies are showing positive price volume momentum and these three stocks are showing leadership in price gain within the sector. These three stocks will be on watch list of the investors and traders alike.

6. Alphageo:- Alphageo (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 25, 2021, inter alia, has recommended a dividend of Rs. 8/- per equity share of Rs. 10/ - each for the year ended March 31, 2021. Subject to the approval of members at 34th Annual General Meeting of the Company. The stock will be in focus on Monday next week.