Stocks to watch: These small-cap stocks will be in focus tomorrow!
The Ruby Mills, Rane Holdings, Orbit Exports, Vesuvius India, TCPL Packaging, Bharat Wire Ropes, Ritco Logistics, KPI Green Energy, Archidply Industries, Mirza International, Akshar Spintex and Rama Steel Tubes made a fresh 52-week high today
On Thursday, Indian equity markets endedona flat note in the green territory. Nifty 50 and Sensex recorded marginal gains of 0.07 per cent each to close at 17,956.5 and 60,298, respectively.
BSE Smallcap index advanced 0.34 per cent to end at 28,438.57. Top Gainers of the index include Rane Holdings, DCW, Jindal Drilling & Industries, Nahar Spinning and NELCO. Top Losers of the index comprise TD Power Systems, Stylam Industries, Kamdhenu, Kriti Industries and Dhanvarsha Finvest.
The following Small-Cap stocks are likely to be in focus on Friday, August 19, 2022:
7Seas Entertainment - The company has launched Gamer Shorts, a first-of-its-kind mobile application in the world with selected news, analyst perspectives, views on new investments, and innovations. The gaming market is expected to reach USD 339.95 billion, with a CAGR of 8.94 per cent from 2022 to 2027, according to the Mordor Intelligence Report.
Dynacons Systems and Solutions - The company has won the order from Life Insurance Corporation of India (LIC) for workplace solutions including the supply, installation and support of IT Infrastructure for their offices/branches pan India. The overall value of the order for all the zones stands at Rs 105 crore.
Power Mech Projects - The company has bagged a record order for 5 Flue Gas Desulphurization (FGD) projects with an aggregating value of Rs 6,163.20 crore. The orders are for a quantum of 15 FGD retrofits to coal-based units, whose sizes range between 330 MW and 660 MW. These engineering, procurement and construction (EPC) projects are projected to be implemented over the next 30 months and are prestigious to PMPL.
52-week high stocks – The Ruby Mills, Rane Holdings, Orbit Exports, Vesuvius India, TCPL Packaging, Bharat Wire Ropes, Ritco Logistics, KPI Green Energy, Archidply Industries, Mirza International, Akshar Spintex and Rama Steel Tubes made a fresh 52-week high today.
Keep an eye out for the above-listed small-cap stocks on August 19, 2022.