Stocks to watch: These smallcap stocks are in focus today!
Orient Bell, Fine Organic Industries, Genesys International Corporation, SEL Manufacturing Company, Megastar Foods, International Constructions and Cyber Media (India) made a fresh 52-week high today.
On Friday, Indian equity markets have staged a decent recovery after yesterday’s bloodbath. At 11:50 AM, headline indices Nifty 50 and Sensex are trading in the green territory at levels of 16,712.10 and 56,050.37, respectively, up by more than 2.75 per cent each. BSE Smallcap index has thrust into the spotlight soaring by 4.19 per cent.
The following small-cap stocks are likely to be in focus today:
Sterlite Technologies – The company has announced that they will be demonstrating their vision for a new era of 5G-powered networks at Mobile World Congress 2022 in Barcelona next week. The company is showcasing its range of solutions that will be based on secure, open interfaces, with the ability to work across new-age ‘All-in 5G’ 5G networks that will be converged (combination of optical and wireless), and operate across multiple bands. Alongside wireless products, the suite will also include the company’s latest optical fibre, virtualisation, network deployment, and software solutions.
Bal Pharma – The company has announced that the leading credit rating agency, Acuite Ratings & Research has upgraded its ratings. The ratings for long term fund based facilities and long term-term loan facilities have been upgraded to ‘BBB- from BB+’ indicating a ‘Stable’ outlook, for the company.
RattanIndia Enterprises – The company has announced the exchange that its wholly-owned subsidiary Cocoblu Retail Limited has started sales on the Amazon India platform. Cocoblu Retail seeks to be a dominant seller on E-commerce retail platforms and has partnered with several brands in multiple categories to scale up its product offerings. The company is fully geared to provide a wide selection of high-quality products to customers at consistently low prices with unparalleled convenience.
52-week High Stocks – Orient Bell, Fine Organic Industries, Genesys International Corporation, SEL Manufacturing Company, Megastar Foods, International Constructions and Cyber Media (India) made a fresh 52-week high today.