Top 5 interesting small-cap stocks to watch out for tomorrow, 15 June, 2023

A decline in wholesale inflation in India bolstered investor optimism, while a drop in US inflation brought comfort to global equities, strengthening the market’s momentum. Sharp gains, however, were restrained as market participants remained cautious ahead of the outcome of the US Federal Open Market Committee (FOMC) meeting later today. The S&P BSE Sensex increased 85.35 points, or 0.14%, to 63,228.51. The Nifty 50 index increased by 39.75 points, or 0.21%, to 18,755.90.  

Keep a close eye on these trending stocks on Thursday, 15, June 2023: 

Capacite Infraprojects: Capacite Infraprojects’ shares surged in early trade on June 14 to a new 52-week high of Rs 211.80, a day after European investment firm Societe Generale acquired a 3.5% interest in the company. The shares were purchased at an average price of Rs 190 per, for a total transaction value of Rs 45.93 crore.  

Nucleus Software Exports: On Wednesday, the stock rose more than 3% after the company announced a partnership with Mahindra Finance to boost digital transformation of its lending services.

Dhampur Sugar Mills: The company share jumped 2% in today’s trading session, a day after the company said it had completed the expansion of its distillery and commissioned the new capacity. The company has completed the expansion of its grain-based distillery capacity of 100 KLPD at its unit located at Dhampur, Distt. Bijnor, Uttar Pradesh. The new capacity has been commissioned on 13th June 2023. 

Dev Information Technologies: Dev Information Technology shares increased 2.44% to Rs 132.50 in morning trade on June 14 after the firm said that its board of directors would meet this week to explore proposals to raise cash through bonds, equity shares or other securities.  

Imagicaaworld Entertainment: Imagica World’s stock rose 10.72% when the business announced that its debt resolution plan had been completed, with a debt write-off of Rs 571.76 crore. The write-off is part of the debt-reduction strategy that the company agreed to with the Malpani Group and its former lenders in June 2022.