Stocks to watch: These smallcap stocks will be in focus tomorrow!
Dwarikesh Sugar Industries, InfoBeans Technologies, The Ugar Sugar Works, Mangalam Global Enterprise, SEL Manufacturing, Arihant Capital Markets, Zydus Lifesciences, Lemon Tree Hotels and Mawana Sugars made a fresh 52-week high today.
On Wednesday, Indian equity markets staged a healthy recovery from lower levels. The core equity benchmark index gained 2.07 per cent and 2.29 per cent, ending the session at 16,345.40 and 54,647.33, respectively. Similarly, BSE Smallcap index jumped 2.16 per cent, closing at 26,583.64. Top gainers of the index include Take Solutions, IOL Chemicals & Pharmaceuticals, Dwarikesh Sugar Industries, Anupam Rasayan India and MAS Financial Services. Top losers comprise Bajaj Electricals, Coforge, Brightcom group and Kennametal India.
The following trending stocks are likely to be in focus on Thursday, March 10, 2022:
Som Distilleries & Breweries – The company has recently announced that it has captured a market share of 10.1 per cent of the total beer market of Karnataka in February 2022 as compared to a 3.9 per cent market share a year ago. This reflects the strength of their brands and their value for money proposition for the consumers.
Jindal Stainless (Hisar) – The company has informed the exchange that it became the first company in India to get certified with AS 9100D Certification, a Quality Management System for Aviation, Space, and Defence Organizations. The certification validates the company’s competence to constantly meet highly stringent standards of the aerospace industry.
Zydus Lifesciences – The company has received final approval from the USFDA to market Nitroglycerin Sublingual Tablets in the strengths of 0.3 mg, 0.4mg and 0.6mg. These tablets are used to relieve chest pain in people who have a certain heart condition (coronary artery disease).
Cyient – The company has announced a new strategic partnership with iBASEt. It is an industry-leading manufacturing software solutions that complement Cyient’s significant experience implementing manufacturing execution (MES) and maintenance, repair, and overhaul (MRO) solutions for manufacturers operating in complex discrete industries. As a new strategic partnership, both companies can mutually assist these organizations in overcoming the typical challenge of streamlining the implementation of these types of solutions.
52-week High Stocks – Dwarikesh Sugar Industries, InfoBeans Technologies, The Ugar Sugar Works, Mangalam Global Enterprise, SEL Manufacturing, Arihant Capital Markets, Zydus Lifesciences, Lemon Tree Hotels and Mawana Sugars made a fresh 52-week high today.
These smallcap stocks will likely be in focus on Thursday, March 10, 2022.