The best small cap stocks to watch tomorrow
Sunflag Iron & Steel Company, Pearl Polymers, Magadh Sugar & Energy, Capri Global Capital, Zuari Agro Chemicals, Premier Polyfilm, Seshasayee Paper & Boards, TCPL Packaging, Jindal Worldwide, Control Print, Hardwyn India and Dynacons Systems & Solutions have made a new 52 week high today.
On Monday, Indian stock markets started the week on a rather weak note with strong sell-offs. Frontline benchmarks Nifty 50 and Sensex plunged 1.73% and 2.01% respectively, closing at 17,173.70 and 57,166.74.
The BSE Small-cap Index also closed in red territory at 29,233.81, down 1.01%. Top Winners of the index include Sunflag Iron And Steel Company, Capri Global Capital, Genus Power Infrastructures and Bharat Dynamics. The best losers include Venus Remedies, Alok Industries, KBC Global, Kopran and Tata Elxsi.
The following small cap stocks will likely be in the spotlight on Tuesday, April 19, 2022:
Mahindra Lifespace Developers – The company has purchased 11.5 acres of land in the rapidly developing micro-market of Pimpri, Pune. The land is estimated to have a developable potential of around 2 million square feet of salable area and a gross development value of around Rs 1,700 crore.
Man Infrastructure – The Company has received another Letter of Acceptance (LoA) from Bharat Mumbai Container Terminals Private Limited (BMCTPL) for the execution of Phase II Works at JNPT Navi Mumbai (Maharashtra) being “Recovery-Construction Works” for Rs 402 crore.
Ratnamani metals and tubes – The company received new domestic and export orders of Rs 308 crore and Rs 30 crore, respectively, totaling to Rs 338 crore in the last fortnight to be executed in the 2022-23 financial year.
SpiceJet – The airline has added new flights to its schedule, including two industry-first flights, new domestic and international flights and additional frequencies. With the new and additional flights, the company is strengthening its national and international network to meet current and emerging demands.
52 week high inventory – Sunflag Iron & Steel Company, Pearl Polymers, Magadh Sugar & Energy, Capri Global Capital, Zuari Agro Chemicals, Premier Polyfilm, Seshasayee Paper & Boards, TCPL Packaging, Jindal Worldwide, Control Print, Hardwyn India and Dynacons Systems & Solutions made a new 52 week high today.
Keep an eye out for the small cap stocks listed above on April 19, 2022.