Stocks to watch: These smallcap stocks will be in focus tomorrow!
Krishana Phoschem, Agarwal Industrial Corporation, North Eastern Carrying Corporation, Xpro India, Madhya Bharat Agro Products, Agri-Tech (India), The Ugar Sugar Works, Shree Pushkar Chemicals & Fertilisers, Rajnandini Metal, Vishnu Chemicals and Suven Pharmaceuticals made a fresh 52-week high today
On Thursday, Indian equity markets witnessed a choppy session where benchmark indices Nifty 50 and Sensex ended on a flat note at 17,222.80 and 57,595.68, down by 0.13 per cent and 0.15 per cent, respectively.
BSE Smallcap index managed to close in the green territory at 27,892.67, up by 0.16 per cent. Top gainers of the index include India Tourism Development Corporation, Sequent Scientific, Suven Pharmaceuticals, Future Lifestyle Fashions and Dish TV India. Top losers comprise MM Forgings, NIIT, SREI Infrastructure Finance, Dhanvarsha Finvest and Urja Global.
The following smallcap stocks are likely to be in focus on Friday, March 25, 2022:
GR Infraprojects – The company has informed the exchange that it has received a letter of award from National Highways Authority of India for "4-Laning of Ujjain-Badnawar Section of NH-752D from km 26.900 to km 96.00 (length-69.1 km) in the state of Madhya Pradesh on hybrid annuity mode.”
Shankara Building Products – The company has announced its board has approved the issue of preferential share warrants worth Rs 105 crore to APL Apollo Mart Ltd (a wholly-owned subsidiary of APL Apollo Tubes Limited). Preferential issue of 14,00,000 share warrants convertible into equity shares (which is 5.77 per cent of fully diluted capital upon conversion) for an offered price of Rs 750 per warrant has been approved.
Railtel Corporation of India – The company has received a work order from South Eastern Coalfields Limited (SECL) for providing dedicated uncompressed, unshared symmetric in nature (1:1) internet leased line (ILL) for five years for a total value of Rs 15.76 crore (including GST).
52-week High Stocks – Krishana Phoschem, Agarwal Industrial Corporation, North Eastern Carrying Corporation, Xpro India, Madhya Bharat Agro Products, Agri-Tech (India), The Ugar Sugar Works, Shree Pushkar Chemicals & Fertilisers, Rajnandini Metal, Vishnu Chemicals and Suven Pharmaceuticals made a fresh 52-week high today.
These smallcap stocks will likely be in focus on Friday, March 25, 2022.