At CMP of Rs 269.75, the shares of Ramco Systems have corrected significantly from its 52-week high logged almost a year ago at Rs 686. Investors should keep an eye on Ramco Systems to know if it continues today’s positive momentum. 

The summer is about to end but the heat is still on as the stocks are rocketing sky high amid earnings season! Ramco Systems has been no exception. The stock has hit the upper circuit of 20 per cent from its previous close of Rs 224.35

Jio-bp - a fuels and mobility joint venture between RIL and bp - and Zomato, today announced that they have entered an agreement to support Zomato’s commitment towards The Climate Group’s EV100 initiative of 100 per cent EV fleet by 2030. Towards the same, Jio-bp will provide EV mobility services to Zomato along with access to ‘Jio-bp pulse’ branded battery swapping stations for last mile delivery. 

Here is the list of small cap stocks that have delivered more than 100 per cent returns on YTD basis.

On Wednesday, the equity markets traded range-bound and dropped to the day's low level towards the end of the trading session. At the close, Sensex was down by 152.18 points or 0.29 per cent at 52,541.39 while Nifty plunged 39.90 points or 0.25 per cent at the 15,692.20 level. The advance-decline ratio was in favour of advances wherein about 1,730 shares have advanced, 1,484 shares declined, and 143 shares are unchanged. 

The equity markets traded cautiously ahead of the US Fed meet outcome with strength seen in the first half of trading session and selling pressure in the second half of the trading session .In yet another volatile session, the benchmark indices ended lower with Nifty closing below 15,700 level.

Indices witnessed profit booking towards the end of the session ahead of the key US Fed event. Nifty slipped a quarter per cent to close just below the 15,700-support level while Sensex lost 152 points.

BSE Smallcap index outperformed broader markets by gaining 0.54 per cent to close at 25,078.55.

In tune with the government’s various policies to support the development of both urban and rural infrastructure and provide a boost to the agriculture sector, the demand for pipes and fittings is bound to grow, says Niraj Kedia, CFO, Finolex Industries.

An investment of Rs 1 lakh in this company’s shares last year would have turned to Rs 3.8 lakh today.