In ‘June 2023: Rising Mid-Cap Stocks to Watch’, discover which sectors are hot right now. This list of 10 stocks can guide your investment decisions!
Capital Goods, Textiles, and Beyond: A Diverse Performance Roster, Rising Mid-Cap Stocks to Watch
May’s mid-cap market saw a diverse array of sectors making remarkable strides. Here are the standout performers:
- Disa India Ltd. – An expert in the Capital Goods sector, Disa has made significant strides this month.
- Sector: Capital Goods
- Industry: Engineering – Industrial Equipment
- CCI: 333.53 (Previous CCI: -87.13)
- Closing price: 8343.65 INR
- Change percentage: 4.14%
- Indo Count Industries Ltd. – With a firm foothold in the textile industry, Indo Count has woven its way to impressive gains.
- Sector: Textile
- Industry: Textile
- CCI: 170.24 (Previous CCI: -4.26)
- Closing price: 172.95 INR
- Change percentage: 9.84%
- NRB Bearings Ltd. – A key player in the Automobile & Ancillaries sector, NRB has smoothly shifted gears into an upward trend.
- Sector: Automobile & Ancillaries
- Industry: Bearings
- CCI: 169.11 (Previous CCI: -75.31)
- Closing price: 161.05 INR
- Change percentage: 11.61%
- Expleo Solutions Ltd. – In the bustling field of Information Technology, Expleo has coded its way to success.
- Sector: Information Technology
- Industry: IT – Software
- CCI: 130.35 (Previous CCI: -47.94)
- Closing price: 1520.00 INR
- Change percentage: 9.08%
- Jaiprakash Power Ventures Ltd. – Powering through the Power sector, Jaiprakash has harnessed the energy of success.
- Sector: Power
- Industry: Power Generation/Distribution
- CCI: 96.21 (Previous CCI: -0.99)
- Closing price: 6.00 INR
- Change percentage: 3.45%
- SIS Ltd. – A part of the Miscellaneous sector, SIS showed a promising upwards trend in the market.
- Sector: Miscellaneous
- Industry: Miscellaneous
- CCI: 84.07 (Previous CCI: -38.71)
- Closing price: 397.25 INR
- Change percentage: 3.22%
- Fairchem Organics Ltd. – As a player in the Chemicals industry, Fairchem Organics managed to create the right formula for success.
- Sector: Chemicals
- Industry: Chemicals
- CCI: 79.76 (Previous CCI: -72.21)
- Closing price: 1234.20 INR
- Change percentage: 6.84%
- Kalpataru Projects International Ltd. – Holding its ground in the Infrastructure sector, Kalpataru Power turned up the voltage this month.
- Sector: Infrastructure
- Industry: Transmission Towers / Equipments
- CCI: 76.75 (Previous CCI: -108.10)
- Closing price: 537.10 INR
- Change percentage: 3.11%
- Arvind Fashions Ltd. – In the Retailing sector, Arvind Fashions stitched together a successful performance.
- Sector: Retailing
- Industry: Retailing
- CCI: 75.32 (Previous CCI: -101.49)
- Closing price: 286.00 INR
- Change percentage: 4.90%
- Techno Electric & Engineering Company Ltd. – In the Infrastructure field, Techno Electric engineered its way to the top.
- Sector: Infrastructure
- Industry: Engineering – Construction
- CCI: 64.74 (Previous CCI: -70.96)
- Closing price: 395.25 INR
- Change percentage: 4.67%
This May, these companies have danced their way to the top with noteworthy performances. As always, while they have seen success recently, ensure to conduct your own research before making any investment decisions.
Disclaimer: The data provided here is for informational purposes only and should not be used as investment advice. Always conduct your own research or consult with a professional advisor before making investment decisions.