Small-cap stocks: Keep a close eye on these trending stocks for tomorrow!
On Monday, 27 September 2021 markets ended on a flat note after a choppy trading session. Domestic headline indices Nifty and Sensex ended at 17,855.10 and 60,077.8 respectively. Nifty Bank recorded fresh all-time highs of 38,355.20 and ended the session at 38,171.25 up by 0.90%. Auto stocks outperformed broader markets. Maruti Suzuki, Tata Motors and Mahindra and Mahindra were top gainers in Nifty index. On the contrary, IT stocks underperformed overall markets. HCL Technologies, Wipro and Infosys ended in the red territory. BSE Small cap index lost 35.15 points i.e. 0.13% to end at 27,988.19.
Keep a close eye on these trending small-cap stocks for tomorrow -
Easy Trip Planners – The company has announced an agreement with InterGlobe Technology Quotient (ITQ), a leading travel technology provider. The company will provide seamless access to ITQ’s travel commerce platform – Travelport (1G). The agreement is worth USD 10 million as advance revenue from ITQ. With the gradual recovery of the travel sector, this agreement presents an impressive prospect for a promising future.
SJVN – The company has bagged the full quoted capacity of 1,000-megawatt (MW) at a Viability Gap Funding (VGF) support of Rs 44.72 lakh per MW by the Government of India, through Request for Proposal (RFP) floated by Indian Renewable Energy Development Agency Limited (IREDA). The tentative cost of the construction and development of this project is Rs 5,500 crore. The project is expected to generate 2365 mega-unit (MU) in the first year and the project cumulative energy generation over 25 years would be about 55,062 MU.
Nucleus Software Exports – The company has announced that its offline retail payment product, PaySe had been successfully evaluated by RBI under the cohort of Regulatory Sandbox with ‘Retail Payment’ as its theme. PaySe was amongst the few entities to be able to complete this testing phase within the stipulated time. RBI has also stated in its exit letter that PaySe may be considered viable for wider adoption for rural masses. PaySe is the world's first online & offline digital payment solution designed and created to democratize money by making banking services available to the unbanked in remote geographies.
52-week High Stocks - The following stocks have made fresh 52-week high today – Royal Orchid Hotels, Paisalo Digital, Golden Tobacco, JITF Infralogistics, BPL and V2 Retail. Keep a close eye on these counters tomorrow, 28 September, 2021.
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