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The equity benchmark indices ended with decent gains after a volatile session on Monday.
The equity benchmark indices ended with decent gains after a volatile session on Monday. The PSU bank, metal and auto stocks witnessed buying demand. On the other hand, the pharma, healthcare and consumer durables saw selling pressure.
The following Small-Cap stocks are likely to be in focus on Tuesday, November 08, 2022:
V.S.T.Tillers Tractors: VST Tillers Tractors, unveiled two best in class tractors at the CII Agro Tech India 2022 exhibition in the city today. These 45HP and 50HP category tractors are jointly developed by two pioneer VST & ZETOR at India & Czech Republic Plant. The shares of VST tillers tractor soared by 2 per cent and closed at Rs 2332 per share.
Rajesh Exports: Rajesh Exports being the world’s largest Gold Company engaged in Gold Refining, Gold Bullion Manufacture and Supply. The company is foraying into Advanced Technology Solutions with a focus on Energy Storage Solutions. REL has been selected by the Government of India as one among the three successful participants in the Rs 18,100 crores PLI Scheme for production of advanced chemistry cells. The other two selected companies being Reliance Industries and Ola Electric. REL would also be initiating further steps to emerge as a leading global player in the Energy Storage Sector and to meet the requirements under the PLI Scheme.
NIIT: The company has a wholly own subsidiary in USA NIIT (USA). It has successfully completed 100 per cent acquisition of St. Charles Consulting group LLC. The shares as a result saw spurt in trading volume rising by 11.31 per cent, and the shares of NIIT limited soared by almost 13 per cent and ended the day at Rs 331.60 per share today.
Sheetal Cool Products: The company has received in principal approval from National Stock Exchange of India for migration from BSE SME platform to main board of National Stock Exchange of India. Sheetal cool products shares made a new 52-week high of Rs 670, skyrocketing by nearly 16 per cent on the back of this news.
52-week high stocks: Craftsman Automation, D-Link (India), Everest Industries, Great Eastern Shipping Company, and Gujarat Themis Biosyn.
Keep an eye out for the above-listed small-cap stocks on November 08, 2022.
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