Power Mech will complete the civil, structural and architectural works of the turbine island package of 2x700 MWe PHWR Kaiga Atomic Power Project, Unit 5 and 6 in Karnataka
Several BSE small cap stocks, such as Rico Auto Industries and KPR Mill, are moving closer to their 52-week highs, drawing the attention of market participants and investors. The companies have showcased strong operational capabilities and a positive outlook, making them intriguing prospects for future growth. Rico Auto Industries has expertise in manufacturing automotive components while KPR Mill specializes in the textile industry. Dynamatic Technologies, with a focus on precision engineering and aerospace solutions, has also demonstrated remarkable strength. The others nearing their 52-week highs are LG Balakrishnan & Bros, Ramkrishna Forgings, Power Mech Projects, and JBM Auto.
On Monday, the indices opened gap up and ended with gains. On the National Stock Exchange (NSE), advance decline ratio was at 2.80, indicating major strength in broader markets.