Small-cap stocks: Keep a close eye on these trending stocks for tomorrow!
BSE Utilities and Power indices jumped by more than 3.5% and outperformed broader markets. BSE Small-cap index climbed 111.56 points i.e. 0.40% to end at 27,926.54.
On 29 September 2021, Wednesday headline indices Nifty 50 and Sensex ended in the red territory at 17,711.3 and 59,413.2 respectively after a choppy trading session. Nifty Bank fell by 0.53% i.e. 202 points. NTPC, Coal India, Power Grid and Sun Pharma were among the blue-chip top gainers. While HDFC, Kotak Mahindra Bank, Asian Paints and Ultratech Cement were among the top losers. BSE Utilities and Power indices jumped by more than 3.5% and outperformed broader markets. BSE Small-cap index climbed 111.56 points i.e. 0.40% to end at 27,926.54.
Keep a close eye on these trending small-cap stocks for tomorrow.
Birlasoft – The company announced its offering of comprehensive SAP® portfolio services to accompany the RISE with SAP package. It supports ‘RISE with SAP’ with assessment services and frameworks, qualified Line of Business solutions, pre-packaged industry solutions, tools and accelerators, and intelligent automation solutions on SAP Business Technology Platform. Their services help organizations increase the speed-to-market, revenue growth, and reduce the total cost of operations. The company anticipates scaling its SAP cloud business 50% over the next three years, building and expanding its RISE with SAP offerings across its industry portfolio.
SVP Global Ventures – The company has announced their plans to invest Rs 100 crore in setting up a 4,375 MT per annum green-field facility for technical textiles at Jhalawar, Rajasthan. It aims to manufacture protective uniforms and functional garments, medical textile, mobil tech, anti-odour and antibacterial knitted fabric for medical and cosmetic uses in apparel and expand gradually in other products. Commercial production is expected to commence in 12 to 15 months. The company expects revenues of around Rs 175 crore per annum from technical textiles.
52-week High Stocks - The following stocks have made fresh 52-week high today – JITF Infralogistics, Genesys International, Proseed India, Manali Petrochemicals and Golden Tobacco. Keep a close eye on these counters on Thursday, September 30, 2021.
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