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“As things stand today with the metal cycle turning around and considering the price where it is, Vedanta is one stock an aggressive investor can look at taking a bet on for some time. Specifically on aluminium, one can look at Hindalco but one has to remember that these trends change very quickly.”

Venus Pipes & Tubes Ltd., incorporated in the year 2015, is a Small Cap company (having a market cap of Rs 2773.97 Crore) operating in General sector.

A total of 7,181 shares changed hands on the counter till 10:30AM (IST).

Atleast eight small cap stocks, which have given more than 40% returns since November, saw increase in mutual fund holding, data by Ace MF showed.

The stock quoted a 52-week high of Rs 1284.45 and a 52-week low of Rs 658.0.

The Nifty Bank index was trading 0.28 per cent down at 47734.5.

On the technical charts, the RSI of the stock stood at 77.42.

A total of 24,081 shares changed hands on the counter till 02:01PM (IST).

“Businesses and utilities which have access to right cost of capital and second point here being that their ability to stay disciplined and not just chase growth for the sake of growth, I think a combination of this will matter and in my reading there are a lot of select businesses with few select business opportunities with those with credible managements.”