Stocks to watch: These small-cap stocks will be in focus on tomorrow!
Pearl Polymers, Vaishali Pharma, Nitiraj Engineers, Mangalore Refinery & Petrochemicals, Chennai Petroleum Corporation, Usha Martin, NLC India, Premier Polyfilm, Ducon Infratechnologies, Genus Paper & Boards, Gujarat Ambuja Exports, Apcotex Industries, HSIL, and Time Technoplast made a fresh 52-week high today.
On Tuesday, domestic equity markets extended their losing streak for the fifth straight day in a row. Broader market indices Nifty 50 and Sensex each plummeted ~1.69 per cent each to end the session in the red territory at 16,883.20 and 56,220.37 respectively.
BSE Small-cap index also recorded losses of 1.70 per cent closing at 28,728.32. Top Gainers of the index include Sunflag Iron & Steel Company, Usha Maritn, Chennai Petroleum Corporation and Mangalore Refinery & Petrochemicals. Top Losers comprise Ineos Sytrolution, Asian Granito India, Techno Electric & Engineering and Gandhi Special Tubes.
The following small-cap stocks are likely to be in focus on Wednesday, April 20, 2022:
Vascon Engineers – The company has received a work order for civil works for the project of Elpro International School at Hinjewadi (Pune) amounting to Rs 38.01 crore plus applicable taxes from International School, Chinchwad.
Cigniti Technologies – The company has signed a USD 10 million worth ACV deal with one of the largest & oldest financial services and investment firms in the USA to assure as well as accelerate its digital transformation journey. The deal has the potential to immensely grow in the coming years.
Pennar Industries – The company has bagged orders worth Rs 498 crore across its various business verticals. The orders are expected to be executed within the next two quarters.
52-week high stocks – Pearl Polymers, Vaishali Pharma, Nitiraj Engineers, Mangalore Refinery & Petrochemicals, Chennai Petroleum Corporation, Usha Martin, NLC India, Premier Polyfilm, Ducon Infratechnologies, Genus Paper & Boards, Gujarat Ambuja Exports, Apcotex Industries, HSIL, and Time Technoplast made a fresh 52-week high today.
Keep an eye out for the above-listed small-cap stocks on April 20, 2022.