Stocks to watch: These small-cap stocks will be in focus on Monday!
The barometer index, S&P BSE Sensex increased by a small margin of 132 points or 0.23 per cent to the 58,907.13 mark.
The barometer index, S&P BSE Sensex increased by a small margin of 132 points or 0.23 per cent to the 58,907.13 mark. Nifty 50 index also improved by 56 points or 0.32 per cent to the 17,578.75 level. All the sectoral indices on NSE were in the green with metal, consumer durables, and PSU banks stocks gaining the most.
BSE Smallcap index increased 0.48 per cent to end at 28,452.44. The Top Gainers of the index include Reliance Infrastructure, Wonderla Holidays, and Nath Bio-Genes (India). The Top Losers of the index comprise Repco Home, Kolte-Patil Developers, and KRBL Limited.
The following Small-Cap stocks are likely to be in focus on Monday, August 29, 2022:
Surya Roshni: The shares of Surya Roshni touched the upper circuit after gaining 20 per cent at Rs 457.35. The price increase was seen on the account of a surge in the trading volume. The stock has risen more than 28 per cent in the previous four trading sessions.
HPL Electric & Power: HPL Electric & Power Ltd, an established electrical equipment manufacturing company in India, has received the ‘Empanelment Certificate’ from Ministry of Power through its arm, Rural Electric Corporation (REC). The shares of HPL Electric & Power gained almost 15 per cent on August 26.
Mazagon Dock Shipbuilders: The shares of Mazagon Dock Shipbuilders made an all-time high and a fresh 52-week high, reaching a price of Rs 359.30 per share. The stock also saw a surge in trading volume. The stock of Mazagon Dock Shipbuilders appreciated more than 14 per cent in the last four trading sessions.
52-week high stocks – Grindwell Norton, KSB Limited, Uflex.
Keep an eye out for the above-listed small-cap stocks on August 29, 2022.