Stocks to watch: These small-cap stocks will be in focus on Tuesday!
Metal, auto and FMCG stock were in high demand. Meanwhile, shares in PSU Banks and IT dipped.
After two days of losses, the major market indices concluded the day on Monday with significant gains. The Nifty began trading at 18,288.10 and climbed steadily during the session to close over the 18,400 levels. Metal, auto and FMCG stock were in high demand. Meanwhile, shares in PSU Banks and IT dipped.
The following Small-Cap stocks are likely to be in focus on Tuesday, December 20, 2022:
Dilip Buildcon: The company has received letter of acceptarce (LOA) for a new HAM project construction of four lane Urga - Pathalgaon section, in the state of Chhattisgrrh, an order worth Rs. 1955 crore. Also, it has received a contract for development of 6 Lane- Maradgi S Andola to Baswantpur, in the state of Karnataka, order worth Rs. 1589.00 crore.
KEC International: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,313 crore across its various businesses in India, East Asia Pacific and SAARC, 500 kV Transmission line in Thailand and 132 kV Transmission line and associated substations in Nepal Solar.
Balrampur Chini Mills: The Company has today, i.e., on December 19, 2022, commenced commercial production of Rectified Spirit / Industrial Alcohol for the additional capacity of 170 KLPD at Balrampur Unit. With the said addition, the total distillation capacity of the Company now stands at 1050 KLPD.
Arfin: Arfin India has bagged purchase order from Saudi Basic Industries Corporation ("SABIC"), Saudi Arabia, an international entity, for supply of 18,000 MT of Aluminium Deox. Value of this Contract is approximately Rs. 350 crore (USD 39.97 million) to the Company.
52-Week High: Blue Star, Apar Industries, Bengal & Assam Company, Great Eastern Shipping Company, Saint-Gobain Sekurit India.
Keep an eye out for the above-listed small-cap stocks on December 20, 2022.