Stocks to watch: These small-cap stocks will be in focus on Monday!
Among the BSE Smallcap gainers were D B Corp, Oriental Aromatics, Tanla Platforms and Lancer Container Lines
On Friday, the Sensex dipped by 887 points to close at 66,684.26, while Nifty 50 dipped by 234.15 points to close at 19,745.00. Among the BSE Smallcap gainers were D B Corp, Oriental Aromatics, Tanla Platforms and Lancer Container Lines.
The following Small-Cap stocks are likely to be in focus on Monday, July 24, 2023:
Ircon International: The company informed the exchange that it has been awarded the work for supply, installation, testing and commissioning of integrated tunnel communication systems, OFC-based industrial grade network system including laying of OFC & other cables for Railway network which includes tunnels and stations in Jiribam-Khongsang section of Jiribam-Imphal new Railway Line Project at a total price of Rs 144 crore. Ircon International Limited (IRCON) commenced its business in 1976 as a railway construction company and diversified progressively since 1985 as an integrated engineering and construction PSU specializing in large and technologically complex infrastructure projects in various sectors such as railways, highways, etc.
Venus Pipes & Tubes: The company announced that it has successfully commenced commercial production of LSAW pipes of 600 MT per month on July 21, 2023. Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless-steel pipes and tubes.
MIC Electronics: The company received an order worth Rs 4.39 crore from the Delhi Division of Northern Railway Zone - Indian Railways. The order includes providing passenger amenities (telecom) and expansion of an information system to facilitate Divyangjan and utility shifting in connection with the Amrit Bharat Station scheme in various stations of Delhi Division. MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end electronic and telecommunication equipment and development of telecom software since 1988.
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52-week high: AGI Greenpac, D-Link India, Dynamic Cables, Finolex Cables, HT Media and Pitti Engineering.
Keep an eye out for the above-listed small-cap stocks on July 24, 2023.
Disclaimer: The article is for informational purposes only and not investment advice.