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Microcap companies are like the small but spirited players of the market - they are dynamic, often operating in niche sectors with significant room for growth.

The Relative Strength Index of the stock stood at 53.5 on Monday.

The Nifty Realty index was trading 0.01 per cent up at 692.8.

“Tata Tech reported 18.4% of EBITDA margin in the six months for FY24 and the improvement has been enabled certainly by growth. We have clocked a cumulative average growth of close to 35% in the three-year between FY21 and FY3 and that healthy pace has continued into the first half of this year as well.”

"Given a lack of history and our understanding of seasonality, we forecast a 20% YoY growth in 2Q with slight QoQ margin improvement. We do note that ERP implementation in the base has boosted YoY growth in 1QFY24 and 1HFY24 revenue growth should still be c30%," Jefferies analyst Vivek Maheshwari said.

Private banking is one space where longer-term growth can be faster than industry, and the banking industry itself could grow faster than the nominal GDP.

Worldcoin token began sliding Thursday from a peak of $2.48 as digital-asset markets retreated, a drop that was exacerbated by Altman’s firing on Friday. Worldcoin eventually hit a low of $1.84 in the hours after his exit, CoinGecko data shows.

A total of 11,419 shares changed hands on the counter till 12:07PM (IST)

A host of analysts shared their tech views on particular stocks which may gain up to 52% in the near term.

“Many of the smaller and midcap NBFCs, who have net worth of less than Rs 1,000 crore, will find it tough to go out to a bond market. They have to go to the banking system. Are we trying to make the banking system more efficient or are we going to make the banking system more lazy by having a lesser number of banks?”