BSE Small-cap index is trading at 13770 levels, up by 80 points or 0.6%. Small cap stocks are buzzing with gains in the first half of the Wednesday’s trading session.
Neuland Laboratories is the top gainer in the BSE Small-cap index with gains of 20%.
Following are the BSE Small-cap stocks that gained up to 20% in the first half of Wednesday’s trading session:
Shares of Majesco gained over 13%, touching an intraday high of Rs 389 per share, after company announced that its insurance arm and a subsidiary launched two new solutions.
On the market rumours of US FDA grants priority review for SD-809, Neuland Laboratories stock surged to 20% on Wednesday.
Neuland Laboratories Ltd is currently trading at Rs 1100.45, up by Rs 183.4 or 20% from its previous closing of Rs 917.05 on the BSE.
The scrip opened at Rs 935.55 and has touched a high and low of Rs 1100.45 and Rs 935 respectively. So far 249988(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 814.73 crore.
The BSE group ‘B’ stock of face value Rs 10 has touched a 52 week high of Rs 1105 on 01-Dec-2016 and a 52 week low of Rs 505.75 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 920 and Rs 877.15 respectively.
The promoters holding in the company stood at 51.68 % while Institutions and Non-Institutions held 13.53 % and 34.79 % respectively.
The stock is currently trading above its 100 DMA.
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