Three stocks which specifically stand out and ones that investors should keep an eye on from the small cap space:
Advani Hotels
We have seen this stock doing a stupendous run over the past one odd month; now the open offer by fast track, at a price of Rs 103. The stock currently is very close to the open offer price. Considering the kind of run up that we have had, it’s interesting to see whether the stock can keep its run up continuing or not. So this is what one to look out for.
English Indian Clays
We have seen a phenomenal run up in this one as well. Interestingly Friday, it has crossed its pre-de-merger price, it has fallen from Rs 1690 or that levels to around Rs 118, which is the listing price. It’s interesting to see whether the stock continues its run in the next week.
Nahar Capital
We have seen the stock being butchered 20% down circuits for three consecutive days - the fair value for the stock is believed to be somewhere around Rs 80. It has broken that mark, and has closed down at Rs 77 on Friday. It will be interesting to see whether the stock can bounce back from these levels.
Source: Moneycontrol.com
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