Top 5 mid and small-cap stocks to watch out for 2024

 Top 5 mid and small-cap stocks to watch out for  2024

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1)Fedbank Financial Services Ltd (CMP Rs 139.85)

2)First Source Solutions Ltd (CMP Rs 209.90)

3)D B Realty Ltd (CMP Rs 222.65)

4)Ashiana Housing Ltd (CMP Rs 311.35)

5)Wardwizard Innovations & Mobility Ltd (CMP Rs 79.24)

1)Fedbank Financial Services Ltd (CMP Rs 139.85)

  Fedbank Financial Services Limited is set to release its Q3FY2024 results on January 15. Thus, it is advisable to add this stock to the watchlist. The company is a subsidiary of The Federal Bank Limited and provides Gold Loans, Home Loans, Loan Against Property (LAP), and Business Loan Services.

2)First Source Solutions Ltd (CMP Rs 209.90)

  Firstsource Solutions Limited is a leading player in the Business Process Management (BPM) industry. Part of the RP-Sanjiv Goenka Group, Firstsource provides bespoke services and solutions to its customers across Banking and Financial Services, Healthcare, Communications, Media and Technology, and other diverse industries. The stock experienced a significant surge in trading volume today, surpassing its weekly average by over 21 times. Considering this positive signal, it’s advisable to consider adding this stock to your watchlist.

3)D B Realty Ltd (CMP Rs 222.65)

  Today, the shares of D B Realty Ltd were locked in an upper circuit of 10% signalling bullish momentum. The company is engaged primarily in the business of real estate construction, development and other related activities. Most of the projects are based in and around Mumbai and are under various stages of planning and construction. Add this stock to the watchlist.

4)Ashiana Housing Ltd (CMP Rs 311.35)

  Ashiana Housing’s principal business activity is Real Estate Development. Today, the shares of the company reached a new 52-week high price of Rs 321 indicating increased buying momentum in the stock. Given this positive signal consider adding this stock to the watchlist

5)Wardwizard Innovations & Mobility Ltd (CMP Rs 79.24)

  Wardwizard Innovations & Mobility Limited focuses on providing clean and greener alternatives to current ways of life through two-star products, Joy E-Bikes and Vyom Innovations. The company is set to release its Q3FY2024 results tomorrow. Thus, it is advisable to add this stock to the watchlist.

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.