Overnight Digest: These small caps will be in focus on Monday
Jindal Photo, Goldstone Technologies, Tata Teleservices (Maharashtra), Digjam Limited, Pansari Developers, Art Nirman and Thomas Scott (India) made a fresh 52-week high today.
On Thursday, at 2.25 pm Sensex and Nifty are trading at 59,66.7 and 17,773.2 respectively, in the red territory, down by more than 0.60 per cent each. BSE Smallcap index has corrected by 1.31 per cent and is trading at 28,861.93.
The following small-cap stocks are likely to be in focus on Monday:
NIIT Limited – The company has recently announced that it has entered a partnership with Immerse, an open and scalable enterprise platform for VR, AR, and 3D employee experiences. As part of the partnership, NIIT and Immerse will jointly work on immersive learning solutions for customers utilizing NIIT’s expertise in developing immersive learning solutions hosted on the cutting edge Immerse platform. In addition to joint bids, the two companies will also collaborate on referrals, inter-party collaboration on products or services, as well as joint sales and marketing initiatives. The two companies will work in partnership to create transformative learning experiences utilizing virtual reality, augmented reality, mixed reality, and other experiential learning technologies hosted on the Immerse platform.
Rajesh Exports – The company has recently announced that it has secured a prestigious order worth Rs 782 crore of designer range of jewellery from Germany. The said order is to be completed by March 2022. The company had introduced new designs in the international markets which constitute a new range of jewellery. The company is confident of executing this order well within the time frame on the back of its expertise, skilled craftsmen, artisans and its exceptionally strong backward integrated infrastructure. The company expects further significant orders for this range of jewellery from the international markets.
52-week High Stocks – Jindal Photo, Goldstone Technologies, Tata Teleservices (Maharashtra), Digjam Limited, Pansari Developers, Art Nirman and Thomas Scott (India) made a fresh 52-week high today. These small-cap stocks will likely be in focus on Monday, November 22, 2021.