Stocks to watch: These smallcap stocks will be in focus tomorrow!
Dwarikesh Sugar Industries, InfoBeans Technologies, The Ugar Sugar Works, Mangalam Global Enterprise, SEL Manufacturing, Arihant Capital Markets, Zydus Lifesciences, Dhampur Sugar Mills, Balrampur Chini Mills, Accuracy Shipping and Mirza International made a fresh 52-week high today.
On Thursday, Indian equity markets witnessed a strong bounce-back following up yesterday's smart recovery from low levels. Frontline indices Nifty 50 and Sensex closed in the green territory at 16,594.90 and 55,464.39 with gains of more than 1.50 per cent each.
BSE Smallcap index also recorded gains of 1.18 per cent, ending at 26,898.29. Top gainers of the index include Kolte Patil Developers, TTK Prestige, TCNS Clothing and Kajaria Ceramics. Top losers comprise MAS Financial Services, Coforge, SVP Global Textiles, GTPL Hathaway, Team Lease Services, RHI Magnesita and Lemon Tree Hotels.
The following trending stocks are likely to be in focus on Friday, March 11, 2022:
Kalpataru Power Transmission - The company has informed the exchange that it has received a Letter of Intent (LoI) for a power transmission and distribution project in the international market. The LoI is for a prestigious project involving design, engineering, supply and construction of HVDC power transmission line of 700 km. The estimated value of the project stands at Rs 3,276 crore (USD 431 Million).
RattanIndia Enterprises - The company has announced its plans to develop and launch consumer micro drones across India, through its 100 per cent subsidiary NeoSky India Ltd. NeoSky is working on a well-defined strategy and is aiming to be the first Indian company to achieve this milestone.
Century Textiles & Industries - Birla Niyaara, the flagship project of Birla Estates Pvt Ltd which is a 100 per cent wholly-owned subsidiary of the company has received an overwhelming response and recorded sales of Rs 1000 crore booking value making it the most successful launch in MMR in the recent times. The 14-acre integrated development in Worli, South Mumbai's most sought-after neighbourhood, has sold over 150 units to date in Phase 1.
Vikas Ecotech - The speciality compounds division of the company has recently secured fresh orders valued at about Rs 65 million, adding to the healthy order book with more than 700MT. Their esteemed customers include renowned OEM Suppliers for fashion brand “Zara” namely – Bitufelt & Tej Shoetech; and “Clarks” namely Unisol India; apart from the regulars like Relaxo Footwears and many more.
52-week High Stocks – Dwarikesh Sugar Industries, InfoBeans Technologies, The Ugar Sugar Works, Mangalam Global Enterprise, SEL Manufacturing, Arihant Capital Markets, Zydus Lifesciences, Dhampur Sugar Mills, Balrampur Chini Mills, Accuracy Shipping and Mirza International made a fresh 52-week high today.
These smallcap stocks will likely be in focus on Friday, March 11, 2022.