Trending stocks: Keep a close eye on these small-cap stocks for 19 October 2021.
The following small-cap stocks have made fresh 52-week high today –Tata Teleservices (Maharashtra), Genus Power Infrastructures, Repro India, Grindwell Norton, Amrutanjan Health Care, Indo Thai Securities, HBL Power Systems, Kamdhenu Limited and Maharashtra Seamless.
Indian frontline indices soared high like an eagle on Monday to record fresh all-time highs. Nifty 50 and Sensex indices ended the session with gains of approximately 0.75% each. Nifty Bank closed at 39,684.80, up by 0.87% i.e. 343.90 points. Metal, utilities and power stocks were trending. BSE Smallcap index relatively underperformed broader markets by climbing 0.69%.
Keep a close eye on these trending small-cap stocks for Tuesday, 19 October 2021.
Krebs Biochemicals and Industries – The company has announced that the Board of Directors’ meeting will be held on 22 October 2021 to consider the option to raise funds via the issue of redeemable non-convertible, non-cumulative preference shares subject to the approval of the shareholders.
Sunteck Realty – The company has announced that it will be entering the second home space with the acquisition of approximately 110 acres on the Pen-Khopoli Road under the asset-light JDA (Joint Development Agreement) strategy. The company will use the land for plotted and luxurious bungalows development.
Ramkrishna Forgings – The company has recently announced that it has won a significant order from Indian Railways for the manufacturing of loco shells which will be supplied from a new fabrication unit in Jamshedpur.
The company has also announced that it has entered into agreement with PwC to make a materiality assessment, ESG vision document and implementation roadmap. PwC has customized its ESG Strategic Framework to deliver a diagnostic benchmarking study for the company, which focuses on designing and implementation of a meticulous ESG roadmap.
52-week High Stocks - The following small-cap stocks have made fresh 52-week high today –Tata Teleservices (Maharashtra), Genus Power Infrastructures, Repro India, Grindwell Norton, Amrutanjan Health Care, Indo Thai Securities, HBL Power Systems, Kamdhenu Limited and Maharashtra Seamless. Keep a close eye on these counters on Tuesday, 19 October 2021.
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