Stocks to watch: These small-cap stocks will be in focus tomorrow!
Vadilal Industries, Hindustan Motors, Standard Industries, Kohinoor Foods, Khandwala Securities, Mangalore Refinery and Petrochemicals, Hardwyn India, J Kumar Infraprojects, Global Education, Chennai Petroleum Corporation, and Archidply Décor made a fresh 52-week high today
On Wednesday, Indian equity markets closed in the red territory with losses for the fourth consecutive day in a row. Nifty 50 and Sensex recorded losses of ~0.38 per cent to close at 16,356.30 and 54,892.49 respectively.
BSE Smallcap index slipped 0.33 per cent to close the session at 25,978.00. Top Gainers of the index include Best Agrolife, Asian Energy Services, Manorama Industries, Ashapura Minechem, ITD Cementation India and Dishman Carbogen Amcis. Top Losers comprise Aptus Value Housing Finance, Raymond, Uttam Sugar Mills, GNFC, Hikal, Triveni Engineering and Precision Wires.
The following small-cap stocks are likely to be in focus on Thursday, June 9, 2022:
Ramkrishna Forgings – The company has received an export order worth Rs 115 crore from a European Tier 1 supplier for a new differential housing case business spanning over a period of four years. This order win will assist the company in making headway in its geographical diversification strategy while strengthening its European order book.
ITD Cementation India – The company has received a letter of intent-cum-notice to proceed with the execution of civil and associated works on an EPC basis to construct a six-lane greenfield expressway in Uttar Pradesh valued at Rs 4,850 crore plus applicable taxes.
Sharika Enterprises – The company has received a purchase order from Voith Hydro Private Limited for the supply, installation, testing & commissioning of the 220KV XLPE cable package for Voith Hydro Naitwar Mori project for a total value of approximately Rs 4.60 crore (including taxes).
52-week high stocks – Vadilal Industries, Hindustan Motors, Standard Industries, Kohinoor Foods, Khandwala Securities, Mangalore Refinery and Petrochemicals, Hardwyn India, J Kumar Infraprojects, Global Education, Chennai Petroleum Corporation, and Archidply Décor made a fresh 52-week high today.
Keep an eye out for the above-listed small-cap stocks on June 9, 2022.