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Eight Indian small-cap stocks align with James P. O Shaughnessy s quantitative investing approach, highlighted by strong relative price strength, positive earnings growth, and low price-to-sales multiples. Companies like Polyplex, Skipper, and Zuari Agro Chemicals demonstrate such promising indicators, providing insight for potential investors.

Nuvama has maintained a "Buy" rating on Voltas, highlighting strong revenue growth in its Room Air Conditioner (RAC) segment and the company s emphasis on absolute profit growth. The target price is set at Rs 1,810, suggesting a 21% potential upside.

Foreign investors are diverting their capital from India to China due to the latter s robust market rally. This shift is driven by significant gains from companies like AI startup DeepSeek and EV producer BYD, which contrast with India s slowing growth and disappointing corporate earnings.

GRSE announced on Thursday through an exchange filing that it will supply eight sets of double-lane modular steel bridges to Nagaland, supporting the government s Make in India initiative for regional development. The MoU was signed on March 19 in Kohima, Nagaland.

​The only thing is that one is not really sure whether you will see some big companies getting into this, something like a Bharti or a Jio or any other company, maybe Adani Group, so that part is something that is not very clear.

IREDA launched its first issue of perpetual bonds to raise Rs 1,247 crore, offering an 8.4% annual coupon to strengthen its financial position. The company also received Rs 24.48 crore in partial tax relief and expects a Rs 195 crore refund. The stock’s target price is Rs 215, showing a 42% upside, with a consensus HOLD recommendation.

Transrail Lighting secured new orders worth Rs 1,647 crore in the power transmission, distribution, and railway sectors. Year-to-date order inflows are nearing Rs 9,200 crore. The company, an EPC player with a presence in 59 countries, has completed over 200 projects in the power sector. Shares rose 17.29% last year, underperforming its sector by 64.44%.

Jubilant FoodWorks faces financial risks as the Turkish Lira depreciates sharply. CLSA warns that a 5% decline could reduce the company’s FY25 profit after tax (PAT) by 2-2.5%, with year-to-date depreciation potentially impacting PAT by 3.5-4%. The Lira s weakness also raises concerns about higher debt repayment costs following the acquisition of DP Eurasia, the master franchisee for Domino’s in Turkey.

As per the filing, D-Mart subscribed to 4.67 crore equity shares of AEL at an issue price of Rs 37.41 per share, which includes a premium of Rs 27.41 per share.