The BSE Smallcap index’s top gainers included Skipper Ltd, Technocraft Industries (India) Ltd, and Ddev Plastiks Industries Ltd!
The fast-moving consumer goods (FMCG) and information technology sectors both saw large increases, which helped the Indian headline indices rise significantly and reverse all of the session’s early losses to trade higher. At closing, the BSE Sensex increased 0.12% to 65,401. The Nifty 50 index increased by 0.03 percent to 19,434 points.
In the trading session on Wednesday, be cautious of the following stocks:
Shares of Skipper Ltd., the top BSE Smallcap gainer on Monday, garnered significant buying interest and were locked in at a 20% upper circuit after the business reported a strong quarter performance. Revenue increased by 33% year over year, while net profit more than doubled, going from a deficit of 0.65 crore to a profit of 16.25 crore.
One of the biggest price movers was Cochin Shipyard Ltd., whose shares rose more than 6% on higher trading volume after the company reported a great quarter in which net profit soared by an impressive 133% year over year.
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In order to offer DMRC tickets with QR codes on the IRCTC Platform, the Indian Railway Catering & Tourism Corporation (IRCTC) and the Delhi Metro Rail Corporation (DMRC) have signed a Memorandum of Understanding (MoU). By enhancing the travel experience and reducing wait times in stations, this creative idea is anticipated to benefit both IRCTC and DMRC passengers.
Top trending stocks include Motilal Oswal Financial Services Ltd., Mazagon Dock Shipbuilders, JBM Auto, Esab India Ltd., Kalyan Jewellers India Ltd., and Olectra Greentech Ltd.
