Trending stocks: Keep a close eye on these small-cap stocks for 24 November 2021

The following small-cap stocks have made fresh 52-week high today – Art Nirman, Jindal Photo, Tanla Platforms, Tata Teleservices (Maharashtra) Limited, Automotive Stampings and Assemblies, Sastasundar Ventures and Thomas Scott (India).

Markets on Tuesday ended in the green territory after a streak of losses. Frontline index Nifty 50 closed the session at 17,496.80, up by 0.46%. Bank Nifty also climbed 144 points i.e.  0.39%. The BSE Small-cap index outperformed broader markets and recorded gains of 504.74 points, post a choppy trading session.

Keep a close eye on these trending small-cap stocks for Wednesday, 24 November 2021:

Zen Technologies – The company has announced that it has signed an export contract worth close to Rs 35 crore with one of its important Middle East customers. The order includes Live Simulation equipment (Rs 19.7 crore) as well as Operation and Maintenance (Rs 15.4 crore) for four years. The equipment order is expected to be executed in the next 3 quarters. Operation and Maintenance is for 4 years. Zen Technologies emerged as the winner against tough competition from Europe and USA.

The total current order in the order book as of date stands at Rs 427.79 crore, of which Rs 269 crore is domestic and Rs 158.79 crore is exports.

Zen Technologies Limited is a pioneer and leader in providing world-class state-of-the-art Defence Training Solutions, Drones and Anti-Drones solutions and has a proven and impeccable track record in building training systems for imparting defence training and measuring combat readiness of security forces.
 

Trident – The Nomination and Remuneration Committee of the company in its meeting held 22 November 2021, has approved the offer of equity shares of the company under the “Trident Limited Employee Stock Purchase Scheme – 2020”. Brief details of the shares offered are as follows - offer of up to 30,000 equity shares as a reward to those employees who have achieved an extra mile resulting in value addition for the company.

The shares are being offered to the employees at the purchase price of Rs 18.00 per share. The offered shares can be exercised within 30 days from today, i.e the date of offer. The offered shares shall be subject to a lock-in period of 1 year from the date of transfer to the employees. Upon valid exercise, the shares shall be transferred to the Employees.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Art Nirman, Jindal Photo, Tanla Platforms, Tata Teleservices (Maharashtra) Limited, Automotive Stampings and Assemblies, Sastasundar Ventures and Thomas Scott (India).

Keep a close eye on these counters on Wednesday, 24 November 2021.