Trending stocks: Keep a close eye on these small-cap stocks for 22 November 2021

resr 5paisa Research Team 18th November 2021 - 02:32 pm
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The following small-cap stocks have made fresh 52-week high today – Indian Terrain Fashions, Kabra Extrusion Technik, Sutlej Textiles and Industries, Precision Camshafts, Tanla Platforms and 3i Infotech.

Indian equity benchmark indices have exhibited a healthy recovery from the day’s low. At 2.10 pm Nifty 50 and Sensex are trading at 17,781.65 and 59,687.29 respectively, down by more than 0.50% each. Nifty Smallcap index is underperforming broader markets and is down by more than 1.20%.

Keep a close eye on these trending small-cap stocks for Monday, 22 November 2021:

Sterlite Technologies – The company has recently announced two exciting additions to its leadership team in the services and software businesses. The members on-boarded include Praveen Cherian, as the CEO for network services business and Raman Venkatraman as the CEO for software business. The company’s services business is poised for global growth and expansion into the 5G RAN deployment space and the software business is set to scale globally with innovation at the centre.

Prior to joining Sterlite Technologies, Praveen Cherian was the Executive Vice President and Head of Infrastructure Services for India and South East Asia at IBM where he was driving project-based and managed services businesses. He also holds directorial positions on the board of reputed IT services and software companies. Raman Venkatraman comes from TCS where he was the Senior Vice President and Global Head for HiTech and Professional Services and also the global head for partnerships and alliances. He has assumed multiple leadership roles across geographies throughout his illustrious career spanning close to three decades.

With these changes, the company is confident that it has built a global leadership team, which will unleash non-linear growth for all its business areas and elevate the company’s position in the market.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Indian Terrain Fashions, Kabra Extrusion Technik, Sutlej Textiles and Industries, Precision Camshafts, Tanla Platforms and 3i Infotech.

Keep a close eye on these counters on Monday, November 22, 2021.

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