Trending stocks: Keep a close eye on these small-cap stocks for 3 December 2021

The following smallcap stocks have made fresh 52-week high today – Mirza International, Neogen Chemicals, Voltamp Transformers, KDDL Limited, Kennametal India and Xpro India.

At 2:50 pm, on Thursday, 2 December 2021, headline indices Sensex and Nifty 50 are trading at levels of 58,308.9 and 17,356.5, with gains of more than 1.08% each respectively. Nifty Smallcap 100 index is relatively underperforming broader markets by trading with gains of 0.41% at 10,717.35.

Keep a close eye on these trending small-cap stocks for Friday, 3 December 2021:

Skipper Limited - The company has announced that it has secured a fresh order of Rs 300 crore for Transmission and Telecom towers from the Power Grid Corporation of India (PGCIL) and from various export markets. The company’s engineering business has secured transmission tower export orders of Rs 185 crore for several T&D projects across Latin America, the Middle East, West Asia and South Asia markets and Telecom towers from Latin America and Africa. Along with this, they have also secured new order of Rs 115 crore for Transmission Towers from PGCIL projects.

The year-to-date order inflows of the company stand in excess of Rs 1,300 crore, registering a staggering growth of 160% over the last year same period. The company has a strong bidding pipeline of Rs 5,000 crore plus and expects a substantial rise in the volume of international orders in the current fiscal. Management expects the international business share in the order book to rise to 75% in the next two years.

Coastal Corporation Limited – The company has announced today that it has started work on its Ethanol Plant. Chief Minister of Odisha, Naveen Patnaik had performed the ground-breaking ceremony (i.e. Bhoomi pujan) at Maringhi Village, Gajapati District, Odisha on Tuesday, 30 November 2021.

Coastal Biotech Private Limited, a wholly-owned subsidiary of Coastal Corporation Limited will set up an ethanol project with an installed capacity of 198,000 Kilo Litre Per Day (KLPD) spread across 30 acres of land at an estimated capex of Rs 150 crore. The plant is likely to commence production by March 2023.

52-week High Stocks - The following smallcap stocks have made fresh 52-week high today – Mirza International, Neogen Chemicals, Voltamp Transformers, KDDL Limited, Kennametal India and Xpro India.

Keep a close eye on these counters on Friday, 3 December 2021.