Top 5 Mid And Small-Cap Stocks To Watch Out For February 20

On Monday, the main stock market indices ended the trading day positively. The Sensex, a key index, closed slightly higher by 0.39% at 72,708.16 points, while the Nifty, another important index, also rose by 0.37% to close at 22,122.25 points. This marked a record high for the market, with the Nifty surpassing the 22,100 level for the first time. The total value of all listed Indian companies reached a record high of Rs 392 lakh crore.

In terms of sector performance, industries like Pharma, FMCG, Media, and Financial Services saw gains, while Realty, PSU Banks, and IT sectors faced losses. Among individual stocks, Grasim, Bajaj Finserv, and Bajaj Auto saw significant gains, whereas Coal India, L&T, and SBI Life were among the top losers in the Nifty 50 index. Over 30 stocks in the Nifty index closed higher, with Grasim, ICICI, and Bajaj stocks leading the gains.

The broader market also saw moderate increases, with the Nifty Midcap index rising by 0.36% and the Nifty Smallcap index increasing by 0.4%.

Here is the list of the top 5 mid and small-cap stocks to watch

Fairchem Organics Ltd (Rs 1,412.05)

Fairchem Organics is engaged in the manufacturing of speciality chemicals like dimer acid, linoleic acid, mixed tocopherol concentrates and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc. The stock experienced a significant surge in trading volume today, surpassing its weekly average by almost 13 times. Considering this positive signal, it’s advisable to consider adding this stock to your watchlist.

Azad Engineering Ltd (Rs 1,224.70)

Azad Engineering Ltd is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defence, energy, and oil and gas industries. The shares of the company were locked in an upper circuit of 10% showcasing strong bullish momentum. Hence it is a potential contender for the watchlist.

Sequent Scientific Ltd (Rs 148.55)

Shares of Sequent Scientific reached its new high price of Rs 150.7 signalling bullish momentum. It is India’s leading animal health company, with a presence in 5+ continents across 100 countries. Sequent Scientific Limited provides a wide-ranging portfolio of animal health products, including Finished Dose Formulations, and APIs, as well as analytical services to the pharmaceutical and life sciences industries.

Astra Microwave Products Ltd (Rs 651)

Astra Microwave Products is engaged in the business of design, development and manufacture of sub-systems for Radio Frequency and microwave systems used in defence, space, meteorology and telecommunication. Today the company disclosed that it has incorporated a new subsidiary named Astra Space Technologies Private Limited which will be engaged in the Design, development, manufacture and, integration of satellites, satellite payloads, launching of satellites and establishment of ground stations for satellite tracking. Hence keep this stock in your watchlist.

City Union Bank Ltd (Rs 137.85)

City Union Bank Ltd is a banking company. The Bank’s segments include Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations. Today the bank announced that it has opened its branch number 778 in Telangana. Keep this stock on your watchlist.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.