Trending stocks: Keep a close eye on these small-cap stocks for 26 October 2021

The following small-cap stocks have made fresh 52-week high today – Pansari Developers, Sikko Industries, Digjam Limited, India Nippon Electricals, Best Agrolife, Best Agrolife and Rajnandini Metal.

Indian equity markets ended on a positive note on Monday, 25 October 2021. Benchmark indices Nifty 50 and Sensex gained 0.06% and 0.24% respectively. Bank Nifty index jumped 2.15% and closed at 41,192.4. BSE Small-cap index bucked the broader market trend, ending in the red territory down by 1.76%.

Keep a close eye on these trending small-cap stocks for Tuesday, 26 October 2021:

NRB Bearings – The Board of Directors of the company at its meeting held on October 25, 2021, inter-alia considered and approved the following:

Execution of a share purchase agreement with NRB Holdings Limited (NRB Holdings), a wholly-owned subsidiary of the company, incorporated in Dubai International Finance Centre, Dubai, United Arab Emirates for disinvestment of its 100% shareholding in its wholly-owned subsidiary, NRB Bearings Europe GmbH, to NRB Holdings at an aggregate consideration of not less than Rs 1.32 crore.

Execution of a share purchase agreement with NRB Holdings for disinvestment of its 100 per cent shareholding in its wholly-owned subsidiary, NRB Bearings USA Inc., to NRB Holdings at an aggregate consideration of not less than Rs 96.6 lakh.

Acrysil – The company has announced that its capacity expansion of an additional 1.4 lakh units at the Bhavnagar plant in Gujarat has been completed. The commercial production from an additional 140,000 units has commenced on 25 October 2021. The manufacturing capacity of quartz kitchen sinks of the company now increased from the earlier 7 lakh units to 8.4 lakh units per annum.

RattanIndia Enterprises – Revolt, India’s market leader in electric motorcycles backed by the company has announced the opening of its dealership in Bangalore. The dealership was inaugurated by Jenender Anand, CEO of Revolt Motors. Revolt has been witnessing robust demand for its electric bikes in the festive season particularly with rising petrol prices. Revolt electric bikes provide great savings for its customers with running costs as low as Rs 9 per 100 kilometres.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Pansari Developers, Sikko Industries, Digjam Limited, India Nippon Electricals, Best Agrolife, Best Agrolife and Rajnandini Metal. Keep a close eye on these counters on Tuesday, 26 October 2021.