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Overnight Digest: Small-cap and mid-cap stocks to watch on October 18, 2023

Overnight Digest: Small-cap and mid-cap stocks to watch on October 18, 2023

17 October 2023

In a day marked by robust market activity, Nifty50 showcased bullish momentum, concluding the trading session on a positive note. Nifty50 commenced the trading day at 19,843.2, and as the day unfolded, it closed at 19,811.5. Notably, this closing figure represents a gain of 79.75 points, equivalent to a 0.40% rise from the previous day’s …

Spectacular results: Net profit of this multibagger stock jumps 5% YoY; company declares dividend

Spectacular results: Net profit of this multibagger stock jumps 5% YoY; company declares dividend

17 October 2023

Tuesday’s deals ended on a positive note as both the Sensex and Nifty wrapped up the day with modest gains of 0.39% and 0.4%, respectively. Established in 2012, L&T Technology Services (LTTS) is an engineering services provider specializing in engineering, research and development (ER&D), and digitalization solutions. LTTS offers its expertise to a diverse range …

Tata Metaliks hits fresh 52-week high amid a two-fold jump in PAT for Q2FY24

Tata Metaliks hits fresh 52-week high amid a two-fold jump in PAT for Q2FY24

17 October 2023

Today, shares of Tata Metaliks which is in the steel industry hit a 52-week high today amid strong financial results for the second quarter of FY24. In Q2FY24 company recorded a robust financial performance with a significant 209.03% year-on-year increase in net profit reaching Rs 44.16 crore compared to Rs 14.29 crore in the corresponding …

GPT Infraprojects locked in the upper circuit as it settles Rs 70.09 crore in three contractual disputes; details inside

GPT Infraprojects locked in the upper circuit as it settles Rs 70.09 crore in three contractual disputes; details inside

17 October 2023

On Tuesday, the shares of GPT Infraprojects closed at Rs 109.04, up by 1.99% from its previous closing of Rs 106.91 on the BSE. GPT Infra Projects has settled three contractual disputes under the Vivad Se Vishwas II (Contractual Disputes) Settlement Scheme for a total amount of Rs 70.09 crore. The disputes are related to …

J.Kumar Infraprojects shares hit a fresh 52-week high today; here’s why

J.Kumar Infraprojects shares hit a fresh 52-week high today; here’s why

17 October 2023

Kumar Infraprojects Limited, engaged in executing contracts for a range of infrastructure projects, including Transportation Engineering, Irrigation Projects, Civil Construction, and Piling Work, has reached a fresh 52-week high today at Rs 473.55. The company’s 52-week low stands at Rs 216.45. The recent surge in the share price can be attributed to the company securing …

Newgen Software closes at an all-time high after stellar Q2 FY24 results announcement

Newgen Software closes at an all-time high after stellar Q2 FY24 results announcement

17 October 2023

Shares of Newgen Software Technologies ended the day in the blue-sky zone today following the company’s Q2 FY24 results announcement. Despite the stock’s flat opening, with only a 1% increase from its previous day’s closing price on the BSE, it reached its 52-week high price of Rs 1,060 per share during the intraday session. This …

Advani Hotels and Resorts (India) Limited- A growth story in the making

Advani Hotels and Resorts (India) Limited- A growth story in the making

17 October 2023

Advani Hotels and Resorts (India), the owners and operators of the 201-key 5-Star Deluxe ‘Caravela Beach Resort Goa’, has been exhibiting excellent growth momentum in the recent past. The company’s share has surged by 49% since March 23, backed by robust sales & profitability growth along with higher Total revenue per occupied room (TREVPOR). In …

Volume buzzers: Here are today’s high-volume buzzers, 17 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 17 October 2023

17 October 2023

The Sensex and Nifty are both on an upward trajectory, marking gains of 0.31% and 0.34%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting positive momentum, with gains of 0.31% and 0.73%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include BPCL, SBI Life, and Power Grid. …

Piccadily Agro becomes a multibagger in just two weeks and gains over 100%; here’s why?

Piccadily Agro becomes a multibagger in just two weeks and gains over 100%; here’s why?

17 October 2023

The shares of India’s largest independent malt makerPiccadily Agro Industries Ltd gained traction in the past two weeks after it received the award for the best whisky in the world at the 2023 Whiskies of the World Award. On Tuesday, Piccadilly Agro Industries Ltd shares soared 5% to an all-time high of Rs 312.40 per …

Dark horse stock of the day: Prakash Pipes jumps 10% and hits the upper circuit for second day in a row

Dark horse stock of the day: Prakash Pipes jumps 10% and hits the upper circuit for second day in a row

17 October 2023

Prakash Pipes Limited, a prominent player in the pipes industry engaged in the manufacturing of Polyvinyl chloride (PVC) Pipes, witnessed a significant surge in its shares today. The stock opened trading at Rs 414.05 per share, reflecting a 2.22% increase compared to the previous day’s closing price of Rs 405 per share on the BSE. …

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