Stocks to watch: These small-cap stocks will be in focus on Friday!

Among the BSE Smallcap gainers were Suryoday Small Finance Bank, Vadilal Industries, Aurionpro Solutions and Jai Corp

On Thursday, the Sensex surged by 555.95 points to close at 61,749.25, while Nifty 50 surged by 165.95 points to close at 18,089.85. Among the BSE Smallcap gainers were Suryoday Small Finance Bank, Vadilal Industries, Aurionpro Solutions and Jai Corp.  

The following Small-Cap stocks are likely to be in focus on Friday, May 05, 2023:    

MIC Electronics: The company informed the exchange that it has secured Letter of Acceptances from Rajkot Division of Western Railway zone. The aggregate value of the said work-order is Rs 1.74 crore.   

Patel Engineering: The company announced that, along with its joint venture partners, it has been granted a Letter of Acceptance for Tumkur Branch Canal Micro Irrigation Project by Visvesvaraya Jala Nigama Limited (VJNL) and Sher Micro Irrigation Project by Water Resources Department, Government of Madhya Pradesh. The aforementioned projects were previously declared as L1.      

Suryoday Small Finance Bank: On Thursday, shares of Suryoday Small Finance Bank zoomed 16.4 per cent to trade on intraday high of Rs 118.90 apiece on BSE. The scrip witnessed massive spurt in volume by more than 15 times.   

52-week high: Apar Industries, HDFC Bank, Engineers India, Gi Engineering, IRFC, Va Tech Wabag  

Keep an eye out for the above-listed small-cap stocks on May 05, 2023.