Amid a flat BSE Smallcap index, 38 smallcap stocks surged with double-digit weekly gains. Jindal Photo led with 41% rise, followed by Indo Thai Securities, Indraprastha Medical, GM Breweries, and others.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention