On Friday, the markets opened on a weaker note with Sensex slipping beyond 500 points and Nifty declining over 160 points on the back of weak global cues.  

Interestingly, the 20-day average delivery volume stands nearly at 44.15 per cent, which is quite attractive.

Interestingly, the stock, in the first hour of the trading itself, has witnessed a huge surge in the volume as it managed to cross a volume of 25 lakh shares. 

The company will be benefitted by utilising the proceeds of the restructuring for the repayment of the debt, Capex for composite cylinders (LPG/CNG/hydrogen), and core business in India to meet huge market demand as well as benefit the shareholders. 

The stock jumped more than 4 per cent on Wednesday and as a result, it has logged a fresh 52-week high.

At 12.45 pm, on Monday, the core equity indices i.e Sensex and Nifty 50 were trading marginally higher than their opening levels, with Sensex gaining the 57,000- mark and Nifty maintaining the levels at 17,000. The FIIs have again started selling off in the domestic markets as the geopolitical tensions still persist around the world.

On Friday, both the stocks closed off their day’s high with PVR gaining more than 2.5 per cent while INOX soaring over 6 per cent.

For the market, every adversity is an opportunity and thus, this current geopolitical tension between Russia and Ukraine is also an opportunity in disguise for some.

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform.  Here is the list of stocks    

Many stocks from the broader market indices witnessed buying interest except for one particular stock and that is Ramkrishna Forgings Ltd (RKFORGE). We are just two hours into Tuesday’s trading session and the stock of RKFORGE has already jumped more than 6 per cent!