BSE Mid, Smallcap indices hit new high

TVS Motor, MRF, LIC Housing, JSW Steel and Bharat Electronics from midcap hit new highs.

Shares of mid-and-smallcap companies continued their upward trend with the S&P BSE Midcap and S&P BSE Smallcap indices hitting their respective new highs in otherwise subdued market.

At 12:16 am; S&P BSE Smallcap and Midcap index were up 0.40% and 0.29%, respectively, as compared to 0.19% decline in the S&P BSE Sensex on Friday.

The midcap (14,327) and smallcap (14,832) indices hit their respective record highs in intra-day trade today.

TVS Motor Company, MRF, LIC Housing Finance, JSW Steel and Bharat Electronics from the midcap hit their respective all-time highs.

Adani Transmission, GIC Housing Finance, Ashoka Buildcon, Godrej Properties, Tata Metaliks and Zuari Agro Chemicals are among 28 stocks from the smallcap index that touched record highs today.

TVS Motor Company was up 4% to Rs 469, extending 4% gain in past three trading days, after recorded 10% year on year growth in total sales at 2.56 lakh units in the month of March 2017.

The company had commenced manufacture and sale of BS IV compliant stocks much before the transition date of March 31, 2017. Consequently, the stocks of BS III compliant products with the dealers were progressively coming down. The company is assessing the one-time impact of this transition on the financials of the company, the statement said.

Adani Transmission surged 9% to Rs 83 in intra-day trade on back of an over five-fold jump in trading volumes.

In current week, the stock rallied 30% after the company said that it has received the three Letter of Intents (LOIs) from RVPN (Rajasthan Rajya Vidyut Prasaran Nigam) to construct, own, operate and maintain three transmission projects in the state of Rajasthan.

With completion of all ongoing projects and acquisition of Reliance Infra’s operational transmission assets along with these three projects, the network of Adani Transmission is expected to surpass 11000 ckt kms, it added.

COMPANY	LATEST	ALL TIME HIGH	PREV HIGH	PREV DATE
ADANI TRANSMISSI	81.35	83.00	76.90	06-Apr-17
AMBIKA COTTON	1383.90	1398.70	1380.00	06-Apr-17
APAR INDS.	792.00	796.00	787.70	16-Mar-17
ASHOKA BUILDCON	212.15	231.55	212.85	06-Apr-17
ASIAN GRANITO	379.60	386.85	380.00	06-Apr-17
BHARAT ELECTRON	166.40	167.45	166.75	06-Apr-17
DALMIA BHAR.	2150.55	2166.10	2135.00	06-Apr-17
DCM SHRIRAM	321.00	326.10	319.60	06-Apr-17
ELGI EQUIPMENT	220.00	223.25	222.95	31-Mar-17
FUTURE CONSUMER	35.35	35.85	35.55	06-Apr-17
GIC HOUSING FIN	459.45	464.90	451.00	06-Apr-17
GODREJ PROPERT.	443.70	452.55	452.20	06-Apr-17
GRAUER & WEIL	45.30	46.50	45.45	05-Apr-17
GUFIC BIOSCIENCE	72.45	74.15	72.50	28-Mar-17
GUJ. AMBUJA EXP	122.80	125.75	123.50	06-Apr-17
IIFL HOLDINGS	454.15	456.20	445.30	06-Apr-17
JSW STEEL	205.20	205.50	204.65	06-Apr-17
JUBILANT LIFE	829.50	844.80	842.95	06-Apr-17
K E C INTL.	223.40	232.20	222.60	05-Apr-17
K P R MILL LTD	689.50	694.50	686.75	06-Apr-17
KIRLOSKAR OIL	402.00	404.80	400.65	22-Mar-17
LIC HOUSING FIN.	627.85	631.10	629.10	30-Mar-17
MRF	61768.85	61810.00	61427.85	06-Apr-17
NITIN SPINNERS	130.40	136.00	133.90	05-Apr-17
POLY MEDICURE	310.05	319.90	316.45	20-Mar-17
STEEL STR. WHEEL	909.00	914.00	910.00	06-Apr-17
SUNDRAM FASTEN.	406.95	410.00	408.00	03-Apr-17
SUPREME PETROCH.	340.00	342.00	326.15	06-Apr-17
TATA METALIKS	620.00	626.40	620.00	06-Apr-17
TVS MOTOR CO.	466.55	469.10	452.90	05-Apr-17
V-MART RETAIL	959.15	968.00	959.90	05-Apr-17
WEST COAST PAPER	192.15	196.00	193.50	06-Apr-17
ZUARI AGRO CHEM.	419.20	436.75	417.50	06-Apr-17