Stocks to watch: These stocks will be in focus tomorrow!
Sangam (India) Ltd, Inox Wind Ltd and Paisalo Digital Ltd were among the top gainers on the BSE Smallcap index!
Indian frontline indices commenced the week on an optimistic note propelled by election outcomes, sparking enthusiasm in the markets. The BSE Sensex and Nifty 50 each concluded the trading session with gains exceeding 2 per cent, attaining all-time highs on the bourses. With 2,373 shares rising on the BSE and 1,480 shares declining, the advance-decline ratio strongly remained in favour of advances.
Watch out for these stocks in Tuesday’s trading session -
Sangam (India) Ltd: Shares of the company experienced a 35-fold surge in trading volume, making it the top gainer on the BSE Smallcap index. The shares were locked at a 20 per cent upper circuit on the BSE. The company is engaged in manufacturing and selling synthetic blended, cotton & texturized yarn, fabrics, denim fabrics, and readymade seamless garments.
Inox Wind Ltd: India's leading wind energy solutions provider announced today the successful infusion of Rs 800 crore (before taxes and fees) by its promoter, Inox Wind Energy Limited. Fueled by this optimistic development, shares climbed more than 18 per cent, reaching a new 52-week high of Rs 340.95 per share.
Paisalo Digital Ltd: The company is set to review and endorse the issuance of secured/unsecured listed/unlisted non-convertible debt securities, as well as the allotment of non-convertible debentures through private placement to raise funds. In response to this announcement, shares surged by over 15 per cent, touching a new 52-week high of Rs 96.01 per share on the BSE.
Top trending stocks of the day: 360 One Wam Ltd, GR Infraprojects Ltd, BLS International Services, Central Bank of India, Gujarat State Fertilizers and Chemicals Ltd, Cyient Ltd.
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Disclaimer: The article is for informational purposes only and not investment advice.