Trending stocks: Keep a close eye on these small-cap stocks for 23 November 2021
The following small-cap stocks have made fresh 52-week high today – Art Nirman, Goldstone Technologies, Omkar Speciality Chemicals, Thomas Scott (India), Elecon Engineering Company, Expleo Solutions and Tanla Platforms.
Markets on Monday ended in the red territory, with headline indices Sensex and Nifty 50 slipping by 1.96% each. The Nifty Smallcap 100 index plunged by 2.74% to end at 10,734.05. Indian Bank, Century Plyboard, EID Parry and Dilip Buildcon were among the top losers.
Keep a close eye on these trending small-cap stocks for Tuesday, 23 November 2021:
Amber Enterprises India – The company and its subsidiary IL JIN Electronics India Private Limited (“IL JIN”) have received approval from the Ministry of Commerce & Industry under the Production Linked Incentive Scheme for White Goods (Air Conditioners). Approved application details include a threshold incremental investment of Rs 300 crore and Rs 100 crore for both the above-mentioned companies.
To quote Jasbir Singh, Chairman and CEO of Amber Enterprises India from a filing with the exchange, “We believe, with the opportunity in hindsight, our constant endeavour would be to increase penetration and increase our wallet share with the existing customers and acquire new customers and increase export penetration, as we will become more competitive with this PLI incentive and R&D capabilities.”
Intellect Design Arena – The company has announced that the Intellect Digital Core-powered Cater Allen has won the prestigious IBSi NeoChallenger Bank Award in the consumer banking segment. Cater Allen has also been named as the best NeoChallenger Bank in the European Region.
To quote Rajesh Saxena, CEO, Intellect Global Consumer Banking, from a filing with the exchange, “Europe is a key market for us and we are confident that our strategic investments in creating state-of-the-art solutions, regional innovation hubs, delivery centres, and talent pool will enable more of our customers in the region to establish market leadership.”
52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Art Nirman, Goldstone Technologies, Omkar Speciality Chemicals, Thomas Scott (India), Elecon Engineering Company, Expleo Solutions and Tanla Platforms. Keep a close eye on these counters on Tuesday, 23 November 2021.
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