Even as nifty corrects, more small cap stocks are joining the party. Making to the list is a company from cement space, which is on verge of witnessing consolidation along with it, an FMCG company with a strong niche area. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
As Nifty forms a new high, more small cap stocks join the party. Making to the list is a company from the waste handling company to small cap FMCG player. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Multiple stocks on the S&P BSE Smallcap index have reached new 52-week highs, demonstrating growth potential. These include Apar Industries, AstraZeneca Pharma, Aster DM Healthcare, Can Fin Homes, CARE Ratings, Anant Raj, Angel One, and Bombay Dyeing. The details of their achievements are highlighted in the article. Please note that the data mentioned may have a lag and represents a specific point in time.
As nifty touches all time high, more small caps stocks are likely to join the party. Infact for last many weeks, even on days when select stocks are bringing nifty under pressure, breadth of small cap seems to be holding out. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting parameters like net margins and return on equity.