39 stocks from BSE smallcap index recover more than 6% from day's low

ITI, Indiabulls Ventures, Graphite India, Signet Ind, Deep Ind, MIRC Electronics, HEG and OM Metals have recovered more than 10% from intra-day lows

ITI, Indiabulls Ventures, Graphite India, Signet Industries, Deep Industries, MIRC Electronics, HEG and OM Metals Infraprojects are among the stocks from the S&P BSE Smallcap index that have recovered more than 10% after a bounce back in equity market in late noon trade.

Around 39 stocks from the smallcap index have bounced back an over 6% from their respective intra-day lows on the BSE. 

Tinplate Company, JBM Auto, BF Investments, Edelweiss Financial Services, Deepak Nitrite, Andhra Cements, Caplin Point Laboratories, Gokaldas Exports and Future Enterprises are among those have recovered between 7% and 9% from their lows.

At 2:37 pm, the S&P BSE Smallcap index, the largest gainer among boarder indices, was up 1.2% as compared to 0.04% decline in the S&P BSE Sensex. The smallcap index had corrected 5.5% in past four trading sessions, against 2.4% fall in the benchmark index till Monday.

ITI was up 9% to Rs 144, bouncing back 15% from its early morning low of Rs 125 on BSE. The stock of telecom equipment Company hit multi-year high of Rs 147 yesterday in intra-day trade, rallied 60% from Rs 92 on September 15, 2017. The company on Thursday, September 21, announced that it has won Rs 7,000 crore-phase IV tender of Army (Army Static Switched Communication Network-ASCON) for deploying and maintaining its strategic communication network across the country.

COMPANY	DAY'S LOW(RS)	DAY'S HIGH(RS)	LATEST(RS)	RISE(%)
ITI	125.10	144.60	144.10	15.19
INDIABULLS VENT.	216.25	248.70	246.95	14.20
FUTURE ENT. DVR	44.00	50.30	49.75	13.07
GRAPHITE INDIA	324.60	363.05	363.05	11.85
SIGNET INDUS.	7.03	8.00	7.85	11.66
DEEP INDUSTRIES	211.00	250.00	234.15	10.97
MIRC ELECTRONICS	23.90	26.48	26.48	10.79
SAKTHI SUGARS	23.00	25.90	25.45	10.65
HEG	893.45	987.45	987.45	10.52
OM METALS INFRAP	69.00	79.05	76.25	10.51
BF INVESTMENT	211.75	236.35	231.85	9.49
TINPLATE CO.	218.55	243.35	239.20	9.45
JINDAL STAIN.	105.25	115.70	114.95	9.22
DEC.GOLD MINES	35.80	39.05	39.05	9.08
CAREER POINT	134.15	147.00	146.00	8.83
SRS REAL INFRA.	8.55	9.40	9.30	8.77
HIMADRI SPECIALT	126.80	139.15	137.85	8.71
FUTURE ENTERP.	48.00	52.90	51.95	8.23
EDELWEISS.FIN.	252.05	273.30	272.20	7.99
JBM AUTO	515.50	564.00	555.50	7.76
AXISCADES ENGG.	116.00	125.00	125.00	7.76
MEGHMANI ORGAN.	75.00	81.55	80.60	7.47
NITIN FIRE PROT.	8.10	8.70	8.70	7.41
GOKALDAS EXPORTS	103.15	111.65	110.70	7.32
CAPLIN POINT LAB	640.05	692.45	686.00	7.18
ANDHRA CEMENTS	10.88	11.80	11.65	7.08
DEEPAK NITRITE	175.00	193.50	187.35	7.06
ORIENTAL VENEER	430.00	460.00	459.95	6.97
OK PLAY INDIA	185.20	198.00	197.95	6.88
PRESTIGE ESTATES	250.00	269.25	267.00	6.80
SOM DISTILLERIES	140.00	152.10	149.45	6.75
VIDHI SPECIALTY	67.25	72.05	71.55	6.39
PROZONE INTU	49.80	53.85	52.95	6.33
AVANTI FEEDS	1932.65	2070.00	2055.00	6.33
NITCO	82.70	88.90	87.90	6.29
JAI CORP	108.25	116.30	114.90	6.14
VISAGAR POLYTEX	0.82	0.87	0.87	6.10
FUTURE CONSUMER	57.85	62.25	61.35	6.05
IGARASHI MOTORS	860.50	929.45	912.50	6.04