Stocks to watch: These small-cap stocks will be in focus on Thursday!
Among the BSE Smallcap were Shivalik Bimetal Controls, Black Box, Chaman Lal Setia Exports and Krsnaa Diagnostics.
On Wednesday, the Sensex gained by 139 points to close at 58,214.59, while the Nifty 50 jumped by 44.50 points to close at 17,151.90. Among the BSE Smallcap were Shivalik Bimetal Controls, Black Box, Chaman Lal Setia Exports and Krsnaa Diagonostics.
The following Small-Cap stocks are likely to be in focus on Thursday, March 23, 2023:
Asian Energy Services: The company informed the exchange that it has received LOA from Svetah Energy Infrastructure FZE, UAE (Consortium Partner as per the Consortium Agreement) for the Operations & Maintenance works (O&M) of the floating production storage and offloading system named Svetah Venetia to be deployed for production of Oil and Gas in the offshore area. The estimated value of LOA is around Rs 165 crore.
Rose Merc: The company informed the exchange that it has tied up with Outcry Entertainment, a leader in creative branding, advertising and experiential marketing campaigns, to promote its brands. Outcry Entertainment's expertise will help create and maintain Rose Merc's brand identity online, along with digital & offline marketing efforts to promote Rose Merc's products and services in the B2C segment through various innovative web distribution campaigns, award nights and experiential events.
JK Tyre: The company informed the exchange that it has partnered with IFC for expansion of energy-efficient tyre manufacturing to boost exports and create jobs. IFC will invest close to Rs 240 crore which will help in the expansion of manufacturing capacities and hold close to 5.6 per cent stake in the company.
52-week high: Binani Industries, KPIT Technologies, Goyal Aluminium, Geekay Wires, Foseco India
Keep an eye out for the above-listed smallcap stocks on March 23, 2023.