9 Small Cap Stocks That Have Hit 52-Week High Today
In trade on August 5, 2021, benchmark indices after hitting fresh highs have pared gains, with Nifty trading lower by 0.14% at 16,236 at the time of writing this copy. Meanwhile, broader markets are also underperforming with Nifty midcap 100 and Nifty Small cap 100 down by 0.74% and 1.25%, respectively.
Now after a stellar rally in the broader markets experts are suggesting to book profits in mid-caps and small-cap stocks. Nonetheless, despite profit booking some of the small cap stocks continue to move higher and are trading at fresh 52-week highs in trade today. The huge volumes in these counters are also aiding the up-move. Below is the list of 9 small cap stocks that have hit 52-week high today.
Notably, experts recommend to cap their exposure to small and mid cap stocks to 25-30% of their total stock portfolio. In fact mid caps are seen to be better valued than small caps currently, said fund managers.
Small cap stocks | Industry | 52-week high price hit today (August 5, 2021) |
---|---|---|
DP Wires | Consumer goods -Electronic | Rs. 308 |
Airo Lam | Laminate and Panel | Rs. 49 |
South West Pinnacle Exploration | Exploration services | Rs. 91.5 |
Ester Industries | Packaging | Rs. 164.75 |
Barbeque Nation | QSR | Rs. 1064.85 |
Fineotex Chemical | Speciality chemicals | Rs. 120 |
Tejas Networks | Telecom-equipment | Rs. 311.70 |
Sal Steel | Steel-medium and small | Rs. 17.6 |
Nahar Spinning Mills | Textiles | Rs. 469 |
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