Trending stocks: Keep a close eye on these small-cap stocks for 10 December 2021

resr 5paisa Research Team 9th December 2021 - 04:08 pm
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The following small-cap stocks have made fresh 52-week high today – Automotive Stampings and Assemblies, GSS Infotech, Digjam Limited, Brightcom Group Limited, Goldstone Technologies, Omkar Speciality Chemicals, Oswal Agro Mills and DCM Limited.

Frontline equity benchmark indices Nifty 50 and Sensex ended a volatile trading session at 17,516.8 and 58,807.1 respectively, up by 0.27% each. Nifty Small-cap 100 index jumped 1.24%, outperforming broader markets, to close at 11,161.30.

Keep a close eye on these trending small-cap stocks for Friday, 10 December 2021:

Shyam Metalics and Energy – The company has recently informed the exchange about a capacity expansion as outlined in the capex plans for FY 2021-22. The company has made significant progress in its endeavour to increase the existing integrated installed facility from 5.7 million tons to 11.6 million tons by 2025.

The company and its material wholly-owned subsidiary i.e., M/s Shyam SEL & Power Ltd has received ‘Consent to Operate’ from State Pollution Control Board, Odisha and West Bengal Pollution Control Board respectively. Following the clearances, the total installed capacity for sponge iron products will increase by 20%, from 1.39 million tons per annum (MTPA) to 1.67 MTPA. The incremental capacity is expected to commence operations in December 2021.

Furthermore, the company is also expecting to receive similar clearances for commissioning an aluminium foil plant in West Bengal. The proposed installed capacity of 0.03 MTPA is also expected to start commercial operations in December 2021. 

Cigniti Technologies – The company has announced the expansion of its portfolio of digital assurance and experience solutions with the launch of their Customer Experience Assurance (CXA) Platform, Incight, that provides early and live experience insights, thereby enabling enterprises to achieve their Digital Transformation goals.

The first-of-its-kind Customer Experience Assurance (CXA) platform, Incight, enables Product, Marketing, and CX leaders to analyze, predict and tailor the user experience of mobile applications leveraging the underlying AI and analytics platform capabilities in real-time. Cigniti’s CXA platform provides a 360-degree view that enables enterprises to proactively identify issues and make the necessary enhancements to their applications before the customers decide to drift away from the brand.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Automotive Stampings and Assemblies, GSS Infotech, Digjam Limited, Brightcom Group Limited, Goldstone Technologies, Omkar Speciality Chemicals, Oswal Agro Mills and DCM Limited.

Keep a close eye on these counters on Friday, 10 December, 2021.

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