Stocks To Watch Next Week: 5 Smallcap Stocks Gained Upto 13% Intraday, At 52-Week High, Strong Revenue: Buy?

Indian equity markets have been consistently bullish this trading week. Yesterday, Nifty closed at 16,220.60 points gaining by 0.54% and Sensex closed at 54,481.84 points gaining by 0.56% intra-day. In the past 5 days, the Nifty surged by 3.04%. These below-mentioned small-cap stocks have surged sharply in the last trading day and reached 52-week high levels. These stocks have performed consistently bullish in the past 6 months.

Monte Carlo Fashions Ltd.

The current market price of Monte Carlo Fashions Ltd. closed at Rs. 793.95/share on NSE, gaining by 9.40% in one day. In the last 5 days the share price of this company has surged by 9.74% on NSE. In the past 6 months, its stock price has surged by 12.15%. The 52-week high level of this stock is Rs. 798.95, and the 52-week low level of this stock is Rs. 309.45. It is a small cap company with a market capitalization of around Rs. 1,636 crore.

It is also offering a dividend yield of 2.53%. After the company reported an over two-fold revenue growth of 130% in the first quarter of the current fiscal, its stock prices surged sharply.

Arman Financial Services Ltd.

The current market price of Arman Financial Services Ltd. closed at Rs. 1,329/share on NSE, gaining by 10.71% in one day. In the last 5 days the share price of this company has surged by 9.38% on NSE. In the past 6 months, its stock price has surged significantly by 58.73%. The 52-week high level of this stock is Rs. 798.95, and the 52-week low level of this stock is Rs. 309.45. It is a small cap company with a market capitalization of around Rs. 1,122 crore.

The company earlier reported strong net sales at Rs. 75.65 crore in the last quarter of FY 22, up by 72.3%, and quarterly Net Profit surged by 1771.76% YoY. Similarly, EBITDA has been quoted at Rs. 47.12 crore in March 2022, gaining by 144.15%.

Astec Lifesciences Ltd.

The current market price of Astec Lifesciences Ltd. closed at Rs. 2,071.55/share on NSE, gaining by 7.20% in one day. In the last 5 days the share price of this company has surged by 8.31% on NSE. In the past 6 months, its stock price has surged by 27.17%. The 52-week high level of this stock is Rs. 2,139, and the 52-week low level of this stock is Rs. 1,115.05. It is a small cap company with a market capitalization of around Rs. 4,073 crore. It is offering a dividend yield of 0.07%. However, at the end of the last quarter of FY22, the company had Rs. 2.79b of debt, which had increased from Rs. 1.87b in the same quarter of FY 21.

But on this matter, Simplywall.st said, "Astec LifeSciences's impressive interest cover implies it has the upper hand on its debt. But we must concede we find its conversion of EBIT to free cash flow has the opposite effect. All these things considered, it appears that Astec LifeSciences can comfortably handle its current debt levels. On the plus side, this leverage can boost shareholder returns, but the potential downside is more risk of loss, so it's worth monitoring the balance sheet."

TCPL Packaging Ltd.

The current market price of TCPL Packaging Ltd. closed at Rs. 981/share on NSE, gaining by 12.69% in one day. In the last 5 days the share price of this company has surged by 15.87% on NSE. In the past 6 months, its stock price has surged by 85.15%. The 52-week high level of this stock is Rs. 984, and the 52-week low level of this stock is Rs. 480. It is a small cap company with a market capitalization of around Rs. 880 crore. It is offering a dividend yield of 1.03%. According to available reports with the media, TCPL Packaging can consider the Employees Stock Option Plan in the future.

Morarka Finance Ltd.

The current market price of Morarka Finance Ltd. closed at Rs. 119.95/share on NSE, gaining by 13.43% in one day. In the last 5 days the share price of this company has surged by 19.95% on NSE. In the past 6 months, its stock price has surged by 9.69%. The 52-week high level of this stock is Rs. 123, and the 52-week low level of this stock is Rs. 50.30. It is a small cap company with a market capitalization of around Rs. 54 crore. It is offering a dividend yield of 3.33%.

In the last 1 year the company's share price has also been sharply bullish amid a bearish market condition, with a 105.39% gain.

Disclaimer

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