Stocks to watch: These small-cap stocks will be in focus on Monday!

The major equity indices rose for the fourth straight day on Friday, finishing with modest gains.

The major equity indices rose for the fourth straight day on Friday, finishing with modest gains. Financial services, FMCG and bank stocks had some selling pressure, while media, real estate and auto shares showed buying demand.  

The following Small-Cap stocks are likely to be in focus on Monday, November 28, 2022:  

India Tourism Development Corporation: The shares of India tourism development corporation were the highest gainers on the BSE Small-cap index. The rise was due to high volume of trading seen in the stock and as a result the shares were locked in the upper circuit after gaining 20 per cent and ended the day at Rs 404.64 per share. 

KIOCL: The company informed that the operations of Pellet Plant Unit of the Company at Mangalore have restarted today i.e., with effect from November 24, 2022. On the back of this news, spurt in the trading volume was seen and the KIOCL share jumped by more than 4 per cent and closed at a price of Rs 194.75 per share.   

Man Infraconstruction: Man Infra-construction, a pioneer name in real estate development, is geared to launch another prestigious premium residential project Aaradhya Parkwood. The project is located near Dahisar check Naka. The project is spread over 2.5 acres of land, having approximately 5.3 lakh square feet of carpet area for sale which has the potential to generate revenue to the tune of approximately Rs. 850 crores.  

Chennai Petroleum Corporation: Indian Oil Corporation Limited (IOCL) and seed equity partners have signed a Joint Venture Agreement for the upcoming grass root 9 MMTPA Refinery and Petrochemicals Project at Nagapattinam in Tamil Nadu.  

52-week high stocks: Escorts Kubota, Ganesha Ecosphere, Great Eastern Shipping Company, Hariom Pipe Industries and Hi-Tech Pipes.  

Keep an eye out for the above-listed small-cap stocks on November 28, 2022.