Amid Flat Stock Market, These 2 Smallcap Stocks Grew Upto 97%, High Intraday Gain

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oi-Kuntala Sarkar

| Updated: Friday, June 24, 2022, 0:47 [IST]

The Indian equity markets have mostly been flat today. On June 23, Nifty closed at 15,556.65 points, gaining by 0.93%, and Sensex closed at 52,265.72 points, gaining by 0.86% today. However, these 2 below mentioned small-cap companies have surged sharply, and share prices gained sharply in short term.

Khaitan Chemicals and Fertilizers Ltd.

Khaitan Chemicals and Fertilizers Ltd.’s current market price closed at Rs. 29.25 falling by 1.68% today. The 52-week high level of this stock is Rs. 157.00, and the 52-week low level of this stock is Rs. 49.10. In the past 6 months, its stock price has surged by 66.31%, and in the past 1 year, its stock price has surged by 97.06%.

Khaitan Chemicals and Fertilizers Ltd. is a small-cap company with a market capitalization of Rs. 986 crore. It is offering a dividend yield of 0.29%.

Khaitan Chemicals and Fertilizers Ltd. is an India-based company. It manufactures single super phosphate (Fertilizer), sulphuric acid, and soya edible oil.

Adroit Infotech Ltd.

Adroit Infotech Ltd.’s current market price closed at Rs. 29.25 falling by 1.68% today. The 52-week high level of this stock is Rs. 16.68, and the 52-week low level of this stock is Rs. 7.69. In the past 6 months, its stock price has surged by 38.98%, and in the past 1 year, its stock price has surged by 23.32%.

Adroit Infotech Ltd. is a small-cap company with a market capitalization of Rs. 25 crore.

Adroit is a Specialist SAP Consulting company, with around 2 decades of experience. They are focused on the Large Enterprise & Mid-Market, they are capable of partnering with customers right from the first consultation, process analysis, and implementation – to rollouts, ongoing support, maintenance, and upgrades. They cater to both domestic and international projects.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article.

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