6 smallcap stocks you must know about

In a market that is smitten with uncertainty, and where investors are wary about where to park their money, here is a list of six smallcap stocks you must know about and why.

Gemini Communications The stock is up 10%. Why? The company has shelved its plan to conduct an initial public offer for unit PointRed Telecom, and is now looking to sell a stake of up to 15% to a private equity investor for Rs 100-120 crore. Kohinoor Foods The stock has surged 15%. Why? US spicemaker McCormick is looking at buying 85% in a joint venture with Kohinoor foods for USD 115 million in a bid to promote and sell the latter's basmati rice and food products in India. PBA Infra The stock is up 10% Why? The joint venture has won an order worth Rs 425 crore to improve and widen Bhuj-Bhachau Road. Timex The stock rose 15%. Why? It was trading with 11 times volumes to 10 day average. The group reported a 303% rise in net profit with a 27% jump in its net sales in 2010-11 over last year. Clutch Auto The share price zoomed 30% in seven days Why? The company