Stocks to watch: These small-cap stocks will be in focus on Wednesday!

A day ahead of the Union Budget, the Sensex gained marginally by 49.49 points to close at 59,549.90, while the Nifty 50 increased by 13.20 points to close at 17,662.15

A day ahead of the Union Budget, the Sensex gained marginally by 49.49 points to close at 59,549.90, while the Nifty 50 increased by 13.20 points to close at 17,662.15. Among the Nifty Top Gainers were Mahindra & Mahindra, Ultra Tech Cement, SBI, Adani Enterprises and Adani Ports while Bajaj Finance, TCS, Tech Mahindra, Britannia and Sun Pharma were among the Top Losers.  

The following Small-Cap stocks are likely to be in focus on Wednesday, February 01, 2023:    

Dev Information Technology: The company informed the exchange that it has bagged a noteworthy order from Gujarat Mineral Development Corporation of India.   

Wheels India: The company reported an all-round positive performance in Q3FY23 and also declared interim dividend of Rs 10 per share. The said interim dividend will be paid to the shareholders whose name appears in the register of members, as on February 14, 2023 which is the record date fixed for the purpose.   

GHCL: The company reported robust financial performance during the quarter wherein the revenue increased by 28 per cent and profit after tax increased by 62 per cent.  

52-week high: Aegis Logistics, Ducol Organics, Orient Paper, KPIT Technology, Upsurge Seeds  

Keep an eye out for the above-listed smallcap stocks on February 01, 2023.