Stocks to watch: These small-cap stocks will be in focus tomorrow!
Meanwhile, S&P BSE Smallcap index surged 0.59 per cent to end at 28,820.35.
S&P BSE Sensex plunged 770.48 points or 1.29 per cent to the 58,766.59 level. Correspondingly, Nifty 50 index dropped 216 points or 1.22 per cent to 17,542.80. On BSE, realty & telecom sectors advanced the most while metal, oil & gas, power, information technology, and energy declined the most.
Meanwhile, S&P BSE Smallcap index surged 0.59 per cent to end at 28,820.35. The Top Gainers of the index include Reliance Power, Aarti Surfactants, Reliance Infrastructure, Rossell India, and Dish TV India.
The following Small-Cap stocks are likely to be in focus on Friday, September 2, 2022:
Strides Pharma Science: USFDA issued an establishment inspection report (EIR) for the company’s flagship plant in Bengaluru (India), which houses drug products. EIR will enable commercial DP supplies for the partner goods in the next two quarters. Stelis' primary plant has distinctive DP capabilities for all injectable formats, including cartridges, pen devices, auto-injectors, pre-filled syringes, liquid, and lyophilised vials.
NCC Limited: In the month of August 2022, NCC only received one new order for Rs 292 crore (excluding GST). This is relevant to the Water & Environment Division, which comes from state government organisations and is not an internal directive.
Escorts Kubota: As compared to the 5,693 tractors sold in August 2021, the agri-machinery segment of the company sold 6,111 tractors in August 2022, a 7.3 per cent increase. Compared to the 4,920 tractors sold in August 2021, the sales of domestic tractors increased by 7.9 per cent to 5,308 tractors in August 2022. In August 2022, 803 tractors were sold as exports, an increase of 3.9 per cent over the 773 tractors sold in the same month of the previous year.
52-week high stocks – Data Patterns (India), Escorts Kubota, AIA Engineering, Coromandel International, and Grindwell Norton.
Keep an eye out for the above-listed small-cap stocks on September 02, 2022.