Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 28

The broader market showed mixed performance, with the Nifty Mid-cap closing lower by 0.12%, while the Nifty Small-cap surged by 0.28%.

Market volatility, as indicated by the India VIX, marginally surged by 0.82%, reflecting a slight increase in market volatility.

Among the sectors, Nifty Realty, Nifty IT, and Nifty Auto were among the top gainers, while Nifty Media, Nifty PSU Bank, and Nifty Financial Services were among the top losers.

In terms of individual stocks, Tata Motors, TCS, and IndusInd Bank were among the top gainers, while Hero MotoCorp, Bajaj Finance, and SBI were among the top losing stocks in the Nifty 50.

Here are the top 5 mid and small-cap stocks to watch tomorrow

1. Aartech Solonics Ltd (CMP Rs 164)
   

   Established in 1982, Aartech Solonics Ltd specialises in the manufacturing of Electrical Machinery and Apparatus N.E.C. Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 5% upper circuit, recording an intraday high of Rs 164.20 per share on NSE. Considering this as a positive signal, it’s advisable to include this stock in your watchlist.

2. Cupid Rubber Ltd (CMP Rs 2,593)
   

   Cupid Ltd, formerly known as Cupid Rubber Limited and Cupid Condom Limited was incorporated in 1993. The company is engaged in the business of dealing, marketing, and manufacturing rubber contraceptives and allied prophylactic products. A solid price volume breakout was seen at the counter today as the stock rallied and got locked at a 5% upper circuit to record an intraday high of Rs 2576.60 per share on NSE. Investors should consider adding this stock to their watchlist.

3. DLF Ltd (CMP Rs 915.90)
   

   Today, DLF Ltd witnessed a surge, reaching a new 52-week high of Rs 918.05, signalling a bullish trend. DLF Ltd, along with its subsidiaries, associates, and joint ventures, is involved in various aspects of real estate development. This includes activities ranging from the identification and acquisition of land to the planning, execution, construction, and marketing of projects. Additionally, the company is active in leasing, power generation, and maintenance services, as well as hospitality and recreational services, all of which are integral to its real estate business.

4. Havells India Ltd (CMP Rs 1,469.39)
   

   Havells India Limited is a prominent player in the Fast Moving Electrical Goods (FMEG) industry and a significant manufacturer of power distribution equipment, boasting a robust global footprint. The company holds a commanding market position across various product categories, encompassing Industrial and Domestic Circuit Protection Devices, Cables and Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors etc. Today, the shares of DLF Ltd experienced a surge reaching a new 52-week high of Rs 1,481.30, indicating heavy buying among investors trend in the market.

5. Delhivery Ltd (CMP 560.4)
   

   Delhivery Ltd, a prominent logistics solutions provider, has secured an order from the wellness brand ‘Plix’. This collaboration comes as Plix, Marico’s majority-owned nutrition brand in the Direct-to-Consumer (D2C) segment, expands its partnership with Delhivery to facilitate global shipping of its products.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.