DSIJ Mindshare

Healthy revenue growth and steady profit margins are expected to help the group maintain healthy coverage metrics despite working capital intensive nature of operations

Now, let’s look at the Small-cap stocks that attracted fund managers in the month of October 2022 (Note: We have considered stocks which have seen buying of over 50 crores.)

At the time of the closing bell on Thursday, the markets eroded the day’s gains, ahead of the monthly expiry, dragged by IT, FMCG, and pharma stocks.  

 At day end, Sensex closed at 58,774.72, losing 310.71 points or 0.53 per cent whereas Nifty 50 was at 17,522.45, down by 82.50 points or 0.47 per cent.  

Nifty closed higher for the fifth consecutive day as it gained about 0.54 per cent. Sensex jumped over 285 points while Nifty Midcap and Nifty Smallcap rose over 1.38 per cent & 0.77 per cent, respectively.  

On Wednesday, striking out the early gains, the domestic benchmark indices ended lower with Sensex slipping around 372 points and Nifty closing below the 16,000 level.