Small Cap Indian Stocks With Positive News on 13 May 2023

The following small cap Indian stocks appeared in the news on 13 May 2023 with positive news:

  • Aditya Birla Fashion and Retail reported strong Q4 results, with revenue and profit both beating estimates. The company also announced plans to expand its online presence and open new stores in the coming year.
  • Gujarat State Petronet announced plans to invest Rs 10,000 crore in new projects, including a gas pipeline network in Gujarat and a LNG terminal in Mundra. The company also reported record-breaking production in FY23.
  • Coal India reported record-breaking production in FY23, with output rising by 5%. The company also announced plans to invest Rs 20,000 crore in new projects in the coming year.
  • Gujarat Gas announced plans to expand its gas network in Gujarat, with a target of reaching 10 million households by 2025. The company also reported strong Q4 results, with revenue and profit both rising by double digits.
  • Hindustan Unilever reported strong Q4 results, with revenue and profit both rising by double digits. The company also announced plans to invest Rs 5,000 crore in new brands and products in the coming year.
  • Axis Bank reported strong Q4 results, with revenue and profit both beating estimates. The company also announced plans to expand its digital banking services.
  • NTPC announced plans to invest Rs 15,000 crore in renewable energy projects. The company is already the largest producer of renewable energy in India, and this investment will help it to further expand its clean energy portfolio.
  • Tata Power announced plans to invest Rs 10,000 crore in solar and wind energy projects. The company is also a major player in the renewable energy sector, and this investment will help it to further grow its business.
  • Adani Power reported strong Q4 results, with revenue and profit both beating estimates. The company is also a major player in the renewable energy sector, and it is expected to continue to grow in the coming years.

These stocks are all likely to see positive price movement in the near future, as the news coverage has been generally positive. However, it is important to do your own research before investing in any stock.

Small Cap Indian Stocks With Negative News on 13 May 2023

The following small cap Indian stocks appeared in the news on 13 May 2023 with negative news:

  • Shriram Transport Finance reported lower-than-expected Q4 results, with revenue and profit both declining. The company also announced plans to raise Rs 1,000 crore through a rights issue.
  • Mindtree reported lower-than-expected Q4 results, with revenue and profit both declining. The company also announced plans to lay off 1,200 employees.
  • Zee Entertainment Enterprises reported lower-than-expected Q4 results, with revenue and profit both declining. The company also announced plans to sell its stake in the sports broadcasting business.
  • Avenue Supermarts reported lower-than-expected Q4 results, with revenue and profit both declining. The company also announced plans to raise Rs 1,000 crore through a rights issue.

These stocks are all likely to see negative price movement in the near future, as the news coverage has been generally negative. However, it is important to do your own research before investing in any stock.

Conclusion

This article has highlighted the small cap Indian stocks that appeared in the news on 13 May 2023 with both positive and negative news. It is important to do your own research before investing in any stock, as the news coverage may not always be accurate.