Stocks to watch: These small-cap stocks will be in focus on Tuesday!
On the back of negative global sentiments, the domestic markets ended Monday’s session on a weaker note.
On the back of negative global sentiments, the domestic markets ended Monday’s session on a weaker note. Barring Nifty IT index, all the sectoral indices on NSE traded in the red. Sensex dropped 200 points during the day and ended up finishing at 57,991. Following the path, Nifty 50 only fell 73 points to finish the day at 17,241 points. Bank Nifty fell 84 points to end the day at 39,093 points.
The following Small-Cap stocks are likely to be in focus on Tuesday, October 11, 2022:
EKI Energy Services: EKI Energy Services Ltd is a leading developer & supplier of carbon credits across the globe. The company today restated that India will not witness any ban on the export of its surplus carbon credits. The announcement comes in the backdrop of a clarification by the country’s Minister for Power and New & Renewable Energy - RK Singh. The shares of EKI Energy touched its upper circuit, soaring 20 per cent and reaching a price of Rs 1,830 per share.
Gravita India: Gravita India has announced that its step-down subsidiary situated in Senegal (West Africa) has started commercial production of aluminium from a new recycling plant, having an annual capacity of around 4,000 MTPA. The company is expecting an additional revenue of approx. Rs 60 crore per annum with a gross margin of around 20 per cent from the new capacity. The group has made an investment of approx. Rs 3.50 crore for procuring & commissioning this new recycling plant, which is invested from internal accruals of the company.
Aurionpro Solutions: The company today declared that it has bagged a prestigious order in the data centre segment and is selected as DC Design Consultant for Tier IV Data Centre Project. Aurionpro, with its experienced resources and expertise, will offer consultancy for the complex process of operationalising tier-4 data centres.
Ramkrishna Forgings: Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged & machined products, has announced that it won an order worth Rs 123.5 crore for its application in North America HCVs from tier 1 rear & front axle manufacturer customer in the auto segment.
52-week high stocks: Deep Industries, Fairchem Organics, Federal-Mogul Goetze (India), Garden Reach Shipbuilders & Engineers, and JB Chemicals & Pharmaceuticals.
Keep an eye out for the above-listed small-cap stocks on October 11, 2022!