Overnight Digest: Top 5 Mid and Small-Cap Stocks to Watch for June 27

On Wednesday, the market continued to post record closes, led by RIL and select banks. The Sensex gained significantly by 0.8%, reaching a record high of 78,759.40, while the Nifty surged by 0.64% to an all-time high of 23,889.90.

Among sectors, Nifty Media, Nifty Energy, and Nifty Bank were the top gainers, whereas Nifty Metal, Nifty Realty, and Nifty Auto were among the top losers. Reliance, Bharti Airtel, and Ultratech Cement were notable gainers, while Apollo Hospitals, M&M, and Bajaj Auto were among the top losers.

Overall market sentiment was negative, with 1,060 stocks advancing against 1,235 declining. The broader market showed mixed performance as the Nifty Midcap closed 0.16% lower, while the Nifty Smallcap gained 0.29%.

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

1. Titagarh Rail Systems Ltd (Rs 1,799)
   

   Titagarh Rail Systems Ltd’s shares hit a new high at Rs 1,817.95, indicating strong upward momentum. The company is mainly engaged in the manufacturing and selling of freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialized equipment & bridges, ships, etc. The company caters to both domestic and export markets. Additionally, the stock has provided returns of 17.13% in the past week. Therefore, it is recommended to add this stock to your watchlist.

2. Chembond Chemicals Ltd (Rs 694.70)
   

   Chembond Chemicals Ltd manufactures, trades, and provides services of specialty chemicals. The company’s shares closed up by 12.17% today and experienced a significant surge in trading volume, surpassing the weekly average by almost 22 times. Considering this positive signal, it’s advisable to add this stock to your watchlist.

3. EMS Ltd (Rs 644)
   

   EMS Ltd is a multi-disciplinary EPC company headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment, and disposal. EMS provides complete, single-source services from engineering and design to construction and installation of water, wastewater, and domestic waste treatment facilities. Shares of the company hit a new 52-week high price of Rs 653.0 today. Over the past week, the stock has delivered a 23.32% return, making it advisable to keep this stock on your watchlist.

4. Amines & Plasticisers Ltd (Rs 300.45)
   

   Amines & Plasticisers Ltd is engaged in the production of alkyl alkanolamines, morpholine, alkyl morpholine, and gas treating solvents used in oil refineries, natural gas plants, ammonia plants, petrochemical plants, pharmaceuticals, and agrochemicals. Shares of the company were locked in an upper circuit of 20% for the day. Over the past month, the stock has delivered impressive returns of 52%. Given this momentum, keep this stock on your radar.

5. Affle India Ltd (Rs 1,364)
   

   Affle India Ltd is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations, helping marketers to effectively identify, engage, acquire, and drive transactions with their potential and existing users. Shares of the company surged intraday by more than 5% today. The company’s shares touched a 52-week high price of Rs 1,387.75. The stock has delivered 10.5% returns in the past week. 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.