Shares of Nava Ltd are expected to be in focus on Monday after the ferro-alloy manufacturer received shareholder approval for a stock split, which will reduce the face value of each equity share from Rs 2 to Rs 1. The approval was obtained through a postal ballot process that concluded on December 21, as per an exchange filing.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025