Stocks to watch: These small-cap stocks will be in focus on Monday!
Sensex, after a robust day, settled in green, climbing 684 points at 57,919 level.
Sensex, after a robust day, settled in green, climbing 684 points at 57,919 level. Following the path, Nifty 50 too scaled up by 171 points to close the day at 17,185 level. Similarly, Bank Nifty also soared 681 points to close the day at 39,305 level.
The following Small-Cap stocks are likely to be in focus on Monday, October 17, 2022:
Asian Energy Services: Asian Energy Services (AESL) along with its JV partner Furnace Fabrica (India) (FFIL), has secured a contract worth Rs 161 crore (excluding GST) from Singareni Collieries Company Ltd for the design, supply, erection, commissioning, construction & testing of a coal handling plant at RG OC3, Telangana. The third of its kind, the company has achieved a key milestone with this project to emerge as a dependable and cost-efficient service partner to the Indian coal industry.
Unichem Laboratories: Unichem Laboratories declared today that it has received ANDA approval for its extended Phenytoin sodium capsules USP, 100 mg from United States Food & Drug Administration (USFDA) to market a generic version of Dilantin® (Phenytoin Sodium) capsules, 100 mg, of Viatris Specialty LLC. The shares of Unichem Laboratories soared nearly 4 per cent on October 14 to close at Rs 374.50 per share.
Easy Trip Planners: The company has launched today its industry ‘First Save Now Buy Later’ (SNBL), as an investment scheme for its customers to help them manage their finances better while they travel. This will benefit the customer in planning their holiday and hotel stay well in advance by starting with a systematic investment plan (SIP) and getting a return of up to 20 per cent on the total invested amount exclusively from the company.
Power Mech Projects: The company informed that it has received a letter of award (LoA) worth Rs 499.41 crore from Bangalore Metro Rail Corporation Limited (BMRCL) for the construction of depot-cum-workshop in partnership with Rites Limited. The shares of Power Mech Projects on Friday rose by 2 per cent and closed at Rs 1,825 per share.
52-week high stocks: Rites, Anand Rathi Wealth, Garden Reach Shipbuilders & Engineers, Kalyan Jewellers India, and Lancer Container Lines.
Keep an eye out for the above-listed small-cap stocks on October 17, 2022.