Trending stocks: Keep a close eye on these small-cap stocks for 28 October 2021

The following small-cap stocks have made fresh 52-week high today – Tanla Platforms, Creative Newtech, Tilaknagar Industries, Sikko Industries and Art Nirman Limited.

Headline benchmark index Nifty 50 and Sensex ended the session with losses of 0.31% and 0.34% respectively. Nifty Bank index lost 363.95 points i.e. 08% to close at 40,874.3. Metal stocks further underperformed broader markets. Conversely, BSE Small-cap index gained 0.30%.

Keep a close eye on these trending small-cap stocks for Thursday, 28 October 2021:

Dishman Carbogen Amcis – The company’s subsidiary Carbogen Amcis AG, based in Switzerland has announced the completion of a U.S. Food and Drug Administration (FDA) inspection at the site in Aarau, Switzerland. Carbogen Amcis AG is a pharmaceutical process development and Active Pharmaceutical Ingredient (API) manufacturing company. Opened in 1994, the Aarau facility has the flexibility to accommodate a wide range of projects, be it API or analytical.

The pre-approval FDA paper inspection for an intermediate product from a customer was conducted from 17 August - 15 September 2021. By receiving the result in October 2021, the inspection was concluded successfully with no findings, confirming that no on-site inspection is required at the Aarau site for this product. The product manufactured at the Aarau facility will be processed into the final drug that the customer expects to be approved in the USA in November 2021.

Netlink Solutions (India) – The company reported a remarkable increase in consolidated Q2 PAT in FY22 by 97%. The Q2 PAT stood at Rs 93.32 lakh marking a commendable leap in the profit figures. HY1 PAT for FY22 reached Rs 1.39 crore, marking a rise against HY1 FY21. During the second quarter of FY22, Netlink Solutions became a subsidiary of Jupiter Infomedia Limited to form the business conglomerate of two BSE listed companies. The business group has expertise in areas of B2B events, e-commerce, digital solutions, print or digital publications, and investment activities.

‘Corporate Gifts Show’, the flagship division of Netlink Solutions is expected to resume its next edition in March 2022 after being stalled in 2020 and 2021 due to pandemic restrictions.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Tanla Platforms, Creative Newtech, Tilaknagar Industries, Sikko Industries and Art Nirman Limited. Keep a close eye on these counters on Thursday, 28 October 2021.