ALSO READ34 stocks from smallcap index rally over 50% post September quarter results BSE Smallcap index hits new high; Vimta Labs, Necter Lifesciences zoom 20% 21 stocks from BSE Smallcap index rally over 50% in October BSE Smallcap index up for 6th straight day; 31 stocks hit record high 29 stocks from BSE Smallcap index hit new high
At 11:16 AM; the S&P BSE Smallcap index, the largest gainer among broader indices, was up 0.78% at 20,059, as compared to 0.46% rise in the S&P BSE Midcap and unchanged in the benchmark S&P BSE Sensex at 34,429. The smallcap index hit a new high of 20,062, surpasses its previous high of 19,997 recorded on Wednesday in intra-day trade.
Uttam Galva Steels, JVL Agro Industries, Gujarat Ambuja Exports, Ducon Infratechnologies, Quick Heal Technologies, India Nippon Electricals, Jayant Agro Organics, Morepen Laboratories and Kiri Industries from the BSE smallcap index were up in the range of 8% to 15% on BSE.
Five companies, Prakash Industries, Uttam Galva Steels, Sanwaria Consumer, GM Breweries and South Indian Bank, from the smallcap index thus far declared their December 2017 (Q3FY18) results have reported strong set of numbers. These companies posted an aggregate net profit of Rs 84 crore in Q3FY18 against a net loss of Rs 106 crore in Q3FY17.
The net profit of Prakash Industries, GM Breweries and Sanwaria Consumer more than doubled, while Uttam Galva Steels reduced its losses during the quarter under review.
Meanwhile, in past one week, the market price of Infinite Computer Solutions (India), Som Distilleries & Breweries, Subros, Coffee Day Enterprises, Indosolar, Aban Offshore, KSK Energy Ventures, Sri Adhikari Brothers and Jindal Drilling have rallied more than 25%.
|JVL AGRO INDUS||36.15||31.55||14.58|
|GUJ. AMBUJA EXP||269.85||236.90||13.91|
|JAYANT AGRO ORG.||459.55||424.45||8.27|
|BGR ENERGY SYS.||150.40||140.20||7.28|
|UCAL FUEL SYS.||322.00||301.65||6.75|
|UCAL FUEL SYS.||320.00||301.65||6.08|
|REL. INDL. INFRA||655.05||621.65||5.37|