Technical charts suggest that microcap stocks such as Cyient DLM, Sansera Engineering, AMI Organics, Aarti Pharmalabs and Medplus Health Services can potentially rally up to 23% from present levels.
Going ahead, MOFSL expects the growth momentum to slow down in the near term due to the lack of BEL orders and a delay in order flows from existing and new clients.
From the robust banking and financial services domain, Axis Bank and Nippon AMC make the cut. The auto industry sees Maruti Suzuki and Samvardhana Motherson International (SAMIL) in the spotlight
The upward move came following the news that the company announced its partnership with Honeywell Aerospace for the micro vapour cycle system, aimed at improving aircraft cooling technology
Shares of Cyient DLM slipped 6.64 per cent at Rs 652.70 a piece on the BSE in Monday's intraday trade
Shares of Cyient DLM, an engineering research and development (ER&D) company soared up to 5.21 per cent at Rs 704 per share on the BSE
At 09:15 am, as many as 11.87 million equity shares, representing 14.96 per cent of total equity of Cyient DLM, changed hands on the BSE
Stocks to watch on August 21: General Atlantic Singapore Fund FII Pte plans to divest a 5.1 per cent equity stake in PNB Housing Finance through a block deal, with a floor price of Rs 775 per share
The fall came after investors flocked to book profits after strong Q1FY25 results.
Earnings impact on Cyient DLM stock price: Stock up 13% after Q4 net zooms 81% in Q4FY24; Stock brokers and company management are upbeat on FY25, FY26 outlook.
Avg listing day gain 34%; Avg IPO-to-date gain 46%
Shares of Cyient and its subsidiary Cyient DLM hit their respective all-time highs on Tuesday as they rallied up to 19 per cent on the BSE in the intraday trade