12 stocks from BSE Smallcap index rally over 25% in one week

12 stocks from BSE Smallcap index rally over 25% in one week

Jai Corp, Purvankara, Kolte-Patil Developers, Speciality Restaurants, Gitanjali Gems, Sterling Tools and Aptech from the S&P BSE Smallcap index rallied more than 25% in past one week.


LATEST NEWS  : Jai Corp, Purvankara, Kolte-Patil Developers, Speciality Restaurants, Gitanjali Gems, Sterling Tools and Aptech are among 12 stocks from the S&P BSE Smallcap index that have rallied more than 25% in past one week.

BF Investment, Action Construction Company, Arshiya, Nila Infrastructure and RattanIndia Power surged an over 25% during the period.


At 12:18 PM; the S&P BSE Smallcap index, the largest gainer among broader indices, was up 0.65%, as compared to 0.20% rise in S&P BSE Midcap & 0.14% gain in S&P BSE Sensex. In past one week, the smallcap index was up 3% against 1.9% rise in midcap and 1.5% gain in the benchmark index.

Speciality Restaurants locked in upper circuit of 20% to Rs 168, also its 52-week high on the BSE. The stock rallied 33% thus far in the week. The company opened two franchise restaurants in Ranchi during past one week. Speciality Restaurants, which owns Mainland China and Oh! Calcutta.

According to media reports, five leading names from the restaurant and food business including Speciality Restaurants are looking at a possible partnership with McDonald's India. However, the company said that there are no such negotiations taking place.

Action Construction Company was up 6% to Rs 147 in intra-day trade. The stock soared 31% in past one week after the promoters increased their stake in the company through open market.

On Wednesday, November 15, 2017, Vijay Agarwal (60,000) and Sorab Agarwal (26,000) had purchased a combined 86,000 shares of Action Construction Equipment through open market, the company said in a regulatory filing.

Post transaction, the combined holding of Vijay Agarwal and Sorab Agarwal, has increased to 41.39% from 41.31%, it added. The promoters held 73.1% stake in the company as on September 30, 2017, the shareholding pattern data shows.

ALSO READ THIS :  Lalu's son Tej Pratap threatens to disrupt wedding of Sushil Modi's son

Comments

Post a Comment

Popular posts from this blog

Tigor launched at Rs 4.7 lakh: Tata eyes a seat in Swift Dzire's market

Image
It comes in four variants in the price range of Rs 4.7 lakh to Rs 6.19 lakh Upping the ante in the crowded compact sedan category,  Tata Motors  on Wednesday launched Tata Tigor , its third product in the tax-efficient sub-four metre sedan segment. The biggest selling point for Tigor is its aggressive pricing. At Rs 4.7 lakh for the base petrol variant, Tigor is now the cheapest compact sedan in the country and even undercuts Tata’s existing models. For example, the largest-selling car in the segment - Swift Dzire - starts at Rs 5.27 lakh, while the base petrol version of Indigo CS, from the Tata stable, is priced at Rs 5.03 lakh. Besides Indigo CS, Tata Motors also sells the Zest in the segment, but has not been able to break the dominance of Maruti Suzuki’s Swift Dzire in the category. The compact sedan and hatchback category, accounted for over 40% of car sales in January 2017, at over 114,000 units. Maruti accounted for 56,000 cars in the category, with Swift D...
Read more

Xiaomi Redmi 4 goes on sale at 12 on Amazon: Here's all you need to know

Image
The Redmi 4 is a capable smartphone with a perfect screen size and resolution. Watch hands-on review Xiaomi's latest budget offering, the Xiaomi Redmi 4 , is going on sale at 12 noon on Tuesday, exclusively on Amazon India. In the first flash sale that took place on May 23, the smartphone had seen a huge interest from buyers and registered a record sales number of a whopping 250,000 units within the first eight minutes. According to Amazon.in, the Xiaomi Redmi 4 had recorded more than 10 million hits per minute on the site, after having received some 2.3 million ‘notify me’ alerts from customers since the launch announcement on May 16. Read this: Strike today: Chemists down shutters across India, protest e-platform plan The dual-sim budget smartphone with VoLTE capabilities is the latest offering from Xiaomi and offers an all-round performance. The Xiaomi Redmi 4 smartphone is available in three storage and RAM options – 16GB/2GB, 32GB/3GB and 64GB/4GB -- which ...
Read more

$500 bn Saudi mega-city to be listed alongside Aramco, says Crown Prince

Image
The 26,500-square km business and industrial zone, named NEOM, will extend into Jordan and Egypt LATEST NEWS :  The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom's drive to diversify away from oil, the crown prince told Reuters in an interview late on Wednesday. The 26,500-square km (10,230-square mile) business and industrial zone, named NEOM, will extend into Jordan and Egypt. It was unveiled on Tuesday at a three-day international investment conference. The surprise announcement is the latest - and most extraordinary - in a slate of privatisation programmes led by the floating of oil giant Saudi Aramco. The sales are designed to boost the Saudi economy and create jobs for millions of young people. "The first capitalist city in the world ... this is the unique thing that will be revolutionary," Crown Prince Mohammed bin Salman said. "Without a do...
Read more