Overnight Digest: These Small Cap Stocks will be in focus on Monday
The BSE SmallCap Index outperformed BSE Sensex on Friday.
The BSE SmallCap Index outperformed BSE Sensex on Friday. Several small-cap stocks were seen trading at fresh 52-week highs while mid caps were seen joining the party when Large caps struggled in general.
Following small-caps will be in focus on Monday:
1. Shivalik Rasayan : The shares of Shivalik Rasayan traded at life highs after a breakout on Friday. The stock price of Shivalik Rasayan jumped higher by 17 per cent. This stocks will be in focus on Monday next week.
2. Kingfa Science : The shares of Kingfa Science were locked in the upper circuit on Friday . The volumes also increased in the stocks and the stock seems to be in an intermediate uptrend. This stock will be in limelight on Monday next week.
3. Anupam Rasayan: The specialty chemical company declared an extraordinary set of results on Friday. Profit After Tax was declared at ₹321 million in Q1FY22 as compared to ₹2 million in Q1FY21 – growth of 14086% Y-o-Y. Total debt repaid as of Q1FY22 is ₹ 5,320 Mn. Anupam Rasayan will be in focus on Monday next week.
4. Medicamen Biotech : The shares of Medicamen Biotech traded at fresh 52-week high after breaking out of a consolidation range. The shares of Medicamen Biotech jumped higher by 17 per cent on Friday. This stock will be watched by the investors on Monday.
5. Birla Money : The shares of Birla Money have gained with a spike in volume on Friday. This stock will be watched on Monday.