Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 12

On Tuesday, the market experienced a sharp decline in the last hour of trading. The Sensex marginally declined by 0.04% to close at 76,456.60, while the Nifty slightly gained by 0.02% to close at 23,264.60.

Among the sectors, Nifty Media, Nifty Realty, and Nifty Auto were among the top gainers, while Nifty Pharma, Nifty FMCG, and Nifty Bank were the top losers.

ONGC, L&T, and Adani Ports were notable gainers, whereas Kotak Bank, Divi’s Laboratories, and Asian Paints were among the top losers.

The broader market sentiment was positive, with 1,371 stocks advancing against 761 declining. Midcap outperformance was evident, with the Nifty Midcap closing 0.81% higher at a record high of 53,880.50. The Nifty Smallcap also performed well, rising by 0.55% to reach its all-time high of 17,665.55.

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

1. H.G. Infra Engineering Ltd (Rs 1,824)

   H.G. Infra Engineering Ltd’s shares hit a new high at Rs 1,848, indicating strong upward momentum. It is an Indian Road Infrastructure Company engaged in the business of Engineering, Procurement and Construction services, Maintenance of roads, bridges, flyovers and other infrastructure contract works. Additionally, the stock has given 18.8% returns over past 1 week, hence add this stock to the watchlist.

2. Schneider Electric Infrastructure Ltd (Rs 821.40)

   Schneider Electric Infrastructure Ltd is engaged in the business of manufacturing, designing, building and servicing technologically advanced products and systems for the electricity network. Shares of the company were locked in an upper circuit of 5% for the day indicating increased buyer interest. The stock has delivered 99% returns for the year till date. Hence given such momentum, keep this stock in your radar.

3. Ador Welding Ltd (Rs 1,419.70)

   Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors. Shares of the company closed up by 14.46% and experienced a significant surge in trading volume today, surpassing its weekly average by 30 times. Considering this positive signal, it’s advisable to consider adding this stock to your watchlist.

4. TVS Supply Chain Solutions Ltd (Rs 169.31)

   TVS Supply Chain Solutions Ltd announced a new 5-year strategic contract with Daimler Truck South East Asia for Integrated Supply Chain Solutions (ISCS) services in Singapore. This contract strengthens TVS SCS’s role as a key logistics partner for Daimler Truck AG, the world’s largest commercial vehicle manufacturer, enhancing logistics services between Germany and the Asia-Pacific region. Daimler Truck South East Asia conducted a thorough evaluation before awarding this contract to TVS SCS. Consider adding this stock to your watchlist.

5. B.L. Kashyap and Sons (Rs 91)

   B.L. Kashyap and Sons Ltd one of the leading Civil Engineering and Construction Company has secured two new orders aggregating to Rs 1,021 crores approx. from DLF City Centre and Sattva Homes Private. The total order book as on date stands at Rs 3,545 Crores. Given this positive momentum in the stock, it is advisable to 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.