Stocks to watch: These small-cap stocks will be in focus tomorrow!
BSE Smallcap index increased 0.67 per cent to end at 28,250.81.
The key equity barometers continued to trade with minor losses on Wednesday. The barometer index, S&P BSE Sensex, fell by 45 points or 0.08 per cent to the 58,985.52 mark. Nifty 50 index also dropped 12 points or 0.07 per cent to the 17,565.25 level.
BSE Smallcap index increased 0.67 per cent to end at 28,250.81. The Top Gainers of the index include Medicamen Biotech, SVP Global Textiles, Shivalik Rasayan, IndoStar Capital Finance, and Kingfa Science & Technology. The Top Losers of the index comprise Sadbhav Engineering, Brightcom Group, Aptus Value Housing Finance India, Future Consumer, and Vidhi Specialty Food Ingredients Limited.
The following Small-Cap stocks are likely to be in focus on Thursday, August 25, 2022:
Medicamen Boiotech: The shares of Medicamen biotech rose 20 per cent and were locked in the upper circuit. The shares reached a fresh 52-week high of Rs 1,073.80 per share on Wednesday. The shares of Medicamen Biotech rose almost 46 per cent in only four trading sessions. The pharmaceutical formulations are produced and sold by Medicamen Biotech Ltd in both domestic as well as international markets. It produces as well as supplies a variety of goods, including pills, capsules, liquid & dry syrup, ointment, and syrups.
Paisalo Digital: Paisalo uses artificial intelligence and machine learning to provide smart & easy loans to the micro finance businesses. The credit rating agency, Infomerics Valuation & Rating, informed about reaffirmation of rating AA- (IVR double A minus) for the non-convertible debentures of Paisalo digital. The shares of Paisalo Digital have surged more than 26 per cent in a period of one month.
Artson Engineering: The company announced it has received an order worth Rs 61.77 crore from Tata Projects. The order is for the fabrication & supply of structures for TSL IOP for Noamundi Project, which will be completed in ten months. The shares of Artson engineering got locked in the upper circuit at Rs 84.85 per share.
52-week high stocks – Elgi Equipments, Asahi India Glass, Deepak Fertilisers & Petrochemicals Corporation, Great Eastern Shipping Company, Jyothy Labs, Lakshmi Machine Works, and Uflex.
Keep an eye out for the above-listed small-cap stocks on August 25, 2022.