Watch out for these small-cap stocks in tomorrow's trading session!
Following positive global cues and the major Indian indices, the BSE Sensex and NSE Nifty50, traded with significant gains.
The Nifty50 was a level of 17,959.65, up 172.85 points or 0.97%, while the benchmark BSE Sensex traded 620.31 points higher, or 1.03%, at 60,580.16 levels. On both benchmark indices, the top gainers were Ultratech Cement Company, Sun Pharmaceuticals, and HDFC Bank, with Tata Steel performing the poorest. While Nifty Metal underperformed, Nifty IT was the best-performing sector.
The following small-cap stocks are likely to be in focus on Tuesday, November 01, 2022:
PTC Industries: The company is a manufacturer of high-quality engineering metal components for various critical and super-critical applications. It has signed an agreement with BAE Systems to manufacture titanium castings for the Indian 155mm M777 Ultra-Lightweight Howitzer (ULH) at PTC Industries’ production facility in Lucknow, Uttar Pradesh, India. The shares of PTC Industries surged by 5% and were locked in the upper circuit at Rs 2,959.30 per share.
Centum Electronics: Centum Electronics Limited announced a strategic partnership with Israel-headquartered Rafael Advanced Defense Systems Limited. As part of the MoU, both companies will collaborate in the field of Electronic Warfare systems for the Indian Navy and Indian Coast Guards. The stock soared by 10% and made a new 52-week high of Rs 670 per share.
Swan Energy: The shares of Swan energy have surged on account of a spurt in the trading volume by more than 6%. As a result, the shares climbed by nearly 10% and closed at Rs 226.45 per share.
52-week high stocks: Anand Rathi Wealth, Blue Star, Craftsman Automation, D-Link (India), Ganesha Ecosphere, and Gujarat Themis Biosyn.
Keep an eye out for the above-listed small-cap stocks on November 01, 2022.
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DisclaimerInvestment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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