Watch out for these large-cap stocks in Friday’s trading session!

The key objective of a stock split is to improve the liquidity in the stock, and thereby make it more affordable for investors. The stock has given exceptional returns of over 1400 per cent in the last three years. 

The following Small-Cap stocks are likely to be in focus on Friday, January 27, 2023:

The stock has jumped more than 18 per cent in the last 6 months.

On January 25, 2023, the stock surged more than 3.5 per cent to make an intraday high of Rs 52.75. The scrip witnessed some profit booking and closed 0.79 per cent up at Rs 51.35

 The Sensex slipped by 773.69 points to close at 60,205.06, while the Nifty 50 fell by 226.35 points to close at 17,891.95

Shares of KIOCL Ltd surged more than 5 per cent, whereas Kirloskar Pneumatic Co Ltd and Kirloskar Ferrous Industries Ltd stocks jumped around 3 per cent each.

The company has improved on operational margins and was able to reduce the loss from Rs. 20.35 crore in Q2FY23 to Rs. 5.54 crore in Q3FY23. EBITDA for Q3FY23 was reported at Rs.75.83 crore – higher by 95.7 per cent Q-o-Q from Rs. 38.75 crore reported for Q2FY23.

 As the bear grip engulfs the Indian equity market, these stocks from S&P BSE 250 SmallCap space were trading in the green after strong demand from buyers.  

 Indices closed on a negative note as strong sell-off across banks and real estate, along with fraud allegations on Adani group, dented investors’ sentiment. NSE Nifty 50 index slipped 1.25 per cent to close at 17,900 levels while S&P BSE Sensex tanked over 775 points.