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Data analysis of the past 15 years suggests that BSE smallcap index has given negative returns in only five instances since 2007. But in the following year, the index has surged over 30%, with 2019 being an exception.

"We are very positive on autos, especially Maruti. It is going to see some exciting new models and some of the existing models like Grand Vitara. There is a huge demand for that and if they keep up the supplies going over there. Overall, input prices have flattened out and with higher volumes and lower raw material cost, we should see a good improvement in the operating profit margins as well."

Ahead of listing, shares of Landmark Cars were exchanging hands at a discount of 15-20 in the grey market against the issue price.

Droneacharya Aerial Innovations provides a high-end ecosystem of drone solutions for multi-sensor drone surveys, data processing of drone data using robust high-configuration workstations, drone pilot training & specialized GIS training.

Bank of Baroda has reported a continued improvementin business growth as well as asset quality, which is expected to aid return ratios and, thus, valuations.

The stock price started its fall from Rs 404 (August 2018). The stock breached Keltner channels on downside and made a low of Rs 5.55 in March 2020. The stock recovered and made a high of Rs 20.83 (December 2020). Thereafter, the stock traded in the range of (Rs 10-18) from March 2021 to November 2022.

Incorporated in 2009, Abans Holdings, the financial services arm of Abans Group, is engaged in financial services, gold refining, jewellery, commodities trading, agricultural trading and warehousing, software development and real estate.

ICICI Securities has raised volume estimates for FY23E/FY24E by 3.9/1.4%, respectively, to factor stronger actuals and higher guidance in H1FY23.

A total of 21,675 shares changed hands on the counter till 10:51AM (IST)

Jefferies initiated a buy rating on Medanta (Global Health) with a buy rating and a target price of Rs 550. Medanta is a top-notch healthcare provider with strong brand equity, the brokerage said.