Stocks to watch: These small-cap stocks will be in focus tomorrow!
Marathon Nextgen Realty, Kohinoor Foods, Hindustan Motors, Standard Industries, Mahindra Lifespace Developers, KPI Green Energy, and Dynacons Systems & Solutions made a fresh 52-week high today
On Monday, Indian equity markets were dominated by bears. Nifty 50 and Sensex plunged ~2.65 per cent to end the session at 15,774.40 and 52,846.70 respectively.
BSE Smallcap index also plummeted 3.15 per cent to close at 25,043.33. Top Gainers of the index include Sterling Tools, Kovai Medical Center & Hospital, Future Lifestyle Fashions, Future Retail, Jindal Worldwide and Future Consumer. Top Losers comprise Techno Electric & Engineering, Asian Energy Services, Time Technoplast, Pokarna, Texmaco Rail & Engineering, Swan Energy, G R Infraprojects and SML Isuzu.
The following small-cap stocks are likely to be in focus on Tuesday, June 14, 2022:
Strides Pharma Science – The company is recalling over six lakh bottles of blood pressure-lowering drug Losartan Potassium tablets in the US market in multiple strengths due to deviation from standard manufacturing norms. Also, Strides Pharma Global Pte Ltd, a Singapore-based wholly-owned subsidiary of the company has received approval for Ibuprofen oral suspension USP from United States Food & Drug Administration (USFDA).
Ganesh Benzoplast – GBL Infra Engineering Services Private Limited (GBL IES), a wholly-owned subsidiary of the company has announced the receipt of its first prominent order worth Rs 12.23 crore from ANA Oleo Pvt Ltd to build 60 liquid storage tanks. The order, for its edible oil refinery project at Krishnapatnam Port (Andhra Pradesh), is expected to be completed within a period of nine months.
Vipul Organics – The company informed the bourses that it has appointed Marc Vanover founded Vercolos Pigments Inc., as its exclusive distributor for its entire product line of high-performance organic pigments in United States of America.
Lemon Tree Hotels – The company has signed a licence agreement for a 44-room hotel at Gajuwaka, Visakhapatnam (Andhra Pradesh) under the company’s brand, ‘Keys Lite by Lemon Tree Hotels’.
52-week high stocks – Marathon Nextgen Realty, Kohinoor Foods, Hindustan Motors, Standard Industries, Mahindra Lifespace Developers, KPI Green Energy, and Dynacons Systems & Solutions made a fresh 52-week high today.
Keep an eye out for the above-listed small-cap stocks on June 14, 2022.