Stocks to watch: These small-cap stocks will be in focus tomorrow!
De Nora India, Vadilal Industries, Priti International, Kohinoor Foods, Axita Cotton, Wendt (India), and Venus Pipes & Tubes made a fresh 52-week high today
On Tuesday, Indian equity markets staged a decent recovery in the second half of the trading session to close in the green territory on a flat note. Nifty 50 and Sensex ended at 53,177.4 and 15,850.2, marginally up by 0.03 per cent and 0.11 per cent respectively.
BSE Smallcap index recorded gains of 0.24 per cent to close at 24,965.24. Top Gainers of the index include Dhanvarsha Finvest, Force Motors, Kabra Extrusion Technik, Shalimar Paints, MRPL, Yaari Digital, Chennai Petroleum and Maharashtra Seamless.Top Losers comprise Techno Electric & Engineering, Welspun India, Chambal Fertilisers & Chemicals, GOCL Corp, STC India and Brightcom Group.
The following Small-Cap stocks are likely to be in focus on Wednesday, June 29, 2022:
Paras Defence and Space Technologies - New Space India Limited, a central public sector enterprise under the administrative control of Department of Space (DOS), Government-of India has executed a letter of intent’ (LOI) dated June 27, 2022 with the company for handing over the technology of 'Optical Imaging System' as developed by Indian Space Research Organization (ISRO).
Star Health & Allied Insurance - The company has signed a corporate agency agreement with IDFC FIRST Bank, for the distribution of its health insurance solutions.
GMR Infrastructure - Delhi International Airport Ltd, a step-down subsidiary of GMR Infrastructure Ltd, announced that it had successfully completed the issuance of five-year NCDs, amounting to Rs 1,000 crore.
GRP Ltd- The company has disposed of its holding of 50 per cent of equity shares in its joint venture company, Marangoni GRP Private Limited.
Brigade Enterprises - The company has signed a joint development agreement to develop around 2.1 million square feet in Chennai.
52-week high stocks - De Nora India, Vadilal Industries, Priti International, Kohinoor Foods, Axita Cotton, Wendt (India), and Venus Pipes & Tubes made a fresh 52-week high today.
Keep an eye out for the above-listed small-cap stocks on June 29, 2022.