Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 26

On Tuesday, benchmark indices closed on a positive note as Sensex gained 0.92%, reaching a record high of 78,164.71, while Nifty surged 0.78%, achieving an all-time high of 23,754.15.

In the sectoral landscape, Nifty Financial Services, Nifty Bank, and Nifty IT were the top gainers, while Nifty Realty, Nifty Metal, and Nifty Energy were the top losers.

Shriram Finance, Axis Bank, and ICICI Bank were among the top gainers, whereas BPCL, Eicher Motors, and Power Grid Corporation were among the top losers.

Overall, 994 stocks advanced while 1,281 declined, indicating negative sentiment in the broader market. The broader market showed mixed performance; Nifty Midcap closed lower by 0.48%, while Nifty Smallcap gained 0.28%.

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

1. Jindal Photo Ltd (Rs 845.55)

Jindal Photo Ltd’s shares hit a new 52-week high at Rs 845.55, indicating strong upward momentum. It holds Investments in the Securities of Group Companies and provides Management Consultancy. Additionally, the stock has provided returns of 21.67% in past 1 week. Therefore, it is recommended to add this stock to your watchlist.

2. Atul Auto Ltd (Rs 602.05)

Atul Auto Ltd manufactures and sales Auto Rickshaws in domestic and overseas market. The company’s shares closed up by 10.3% today and experienced a significant surge in trading volume, surpassing the weekly average by almost 21.5 times. Considering this positive signal, it’s advisable to add this stock to your watchlist.

3. Craftsman Automation Ltd (Rs 5,420.05)

Craftsman Automation Ltd manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments Shares of the company closed at a new 52-week high price of Rs 5,690.00.Over the past one week, the stock has delivered a 13.83% return, making it advisable to keep this stock on your watchlist.

4. Windsor Machines Ltd (Rs 169.54)

Windsor Machines Ltd is in the business of manufacturing plastic processing machinery. Shares of the company were locked in an upper circuit of 5% for the day. For past 1 week, the stock has delivered impressive returns of 82.6%. Given this momentum, keep this stock in your radar.

5. Eimco Elecon India Ltd (Rs 2,497.80)

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 fourth consecutive trading session. The company’s shares are near its 52-week high price of Rs 2,497.80 The stock has delivered 27% returns in past 1 month. 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.