Moneycontrol News
On March 23, Moneycontrol Research published a note on 'Good quality small caps that you can't ignore post correction', with detailed analysis on two small cap stocks that could not be ignored after recent corrections.
The stocks in question – Shilp Gravures and Emmbi Industries – have seen overall gains of 16-20 percent in the last two trading sessions.
There were fundamental positives for both these stocks that made them attractive buys at their Friday closing prices. Shilp Gravures had corrected by over 30 percent from its 52-week high, while Emmbi Industries had corrected nearly 40 percent from its recent highs.
Shares of Shilp Gravures, in the business of rotogravure, a type of intaglio printing process that involves engraving the image onto an image carrier, closed at 115.25 on Friday. The stock gained nearly 20 percent to close at Rs 142 on Tuesday.
The other stock Emmbi Industries is a well-established polymer processor and packaging solutions provider. The company’s stock ended Friday’s trading session at 163.40, but it rose over 16 percent since then to end at Rs 190 on Tuesday.
The Moneycontrol Research team conducts in-depth analysis, striving to identify investment opportunities that can create value for investors.
For more such investment opportunities, stay tuned to Moneycontrol and keep an eye out for the next piece published by our Research team.
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