Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch Out for June 25

On Monday, the benchmark indices closed the trading session positively, with the Sensex gaining 0.17% to reach 77,341.08, and the Nifty rising 0.16% to close at 23,537.85.

Among sectors, Nifty Auto, Nifty FMCG, and Nifty Financial Services saw notable gains, whereas Nifty Media, Nifty PSU Bank, and Nifty Metal faced declines.

Top gainers included M&M, Power Grid Corporation, and Shriram Finance, while top losers were Cipla, IndusInd Bank, and Adani Ports.

Market sentiment was neutral, with 1145 stocks advancing compared to 1151 declining. In broader market performance, Nifty Midcap rose by 0.27%, while Nifty Smallcap declined by 0.1%.

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

1. Hikal Ltd (Rs 347.85)
   

   Hikal Ltd’s shares hit a new high at Rs 347.85, indicating strong upward momentum. It is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. The company is in the business of supplying research services, active ingredients and intermediates for its customers. Additionally, the stock has provided returns of 13.80% in past 1 week. Therefore, it is recommended to add this stock to your watchlist.

2. Route Mobile Ltd (Rs 1,741.75)
   

   Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top players and mobile network operators. The company’s shares closed up by 13.85% today and experienced a significant surge in trading volume, surpassing the weekly average by almost 66 times. Considering this positive signal, it’s advisable to add this stock to your watchlist.

3. Rossell India Ltd (Rs 564.60 )
   

   Rossell India Ltd The company cultivates tea across seven tea estates and operates seven factories, one associated with each tea estate. The company also has a support service division, known as Aerotech Services, which is involved in the installation, servicing and maintenance of products supplied by foreign OEMs, primarily to clients in the avionics system domain. Shares of the company were locked in an upper circuit of 20% for the day. For past 1 week, the stock has delivered impressive returns of 17%. Given this momentum, keep this stock in your radar.

4. Bombay Burmah Trading Corp Ltd (Rs 2,020.65)
   

   Bombay Burmah Trading Corp Ltd has its presence in diversified business of Tea, Coffee, other plantation products, Biscuits, Dairy products, Auto electric and White goods, weighing products, horticulture, Healthcare products, Dental, orthopaedic and ophthalmic products. Shares of the company closed at an upper circuit of 20% and at the new 52-week high price of Rs 2,020.65.Over the past one week, the stock has delivered a 21.77% return, making it advisable to keep this stock on your watchlist.

5. Eimco Elecon India Ltd (Rs 2,378.90)
   

   Eimco Elecon India Ltd manufactures and markets equipment for underground and opencast mines. Shares of the company were locked in an upper circuit of 5% for the third consecutive trading session. The company’s shares are near its 52-week high price of Rs 2,430. The stock has delivered 50% returns for the year till date. Hence considering this positive signal, it’s advisable to add this stock to 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.