Read on the application
Despite the weakness in the stock market last week, some small cap stocks have done well. These stocks have enriched their investors by giving more than 50 percent returns in just 7 days. Yes. We are talking about VELS Film International and Urban Enviro Waste Management. In the last one week, while VELS Film International has returned around 60 percent, Urban Environment Management has returned over 55 percent.
The stock rocketed due to the success of Chandrayaan-3, returning ₹832 per share in 5 days
First, on the performance of shares of VELS Film International. Only Rs. Shares of this company with a market cap of 185.04 crores rose on Friday to Rs. closed at 143.35. It has returned around 57 percent in last 3 months and around 40 percent in one month. While this stock has increased by 59.28 percent in the last one week. Its 52-week high price is Rs.148.70 and low price is Rs.86.55. Talking about the shareholding pattern of this stock, foreign institutional investors hold 2.47 percent while promoters hold 73.60 percent. Others hold the remaining 23.93 percent.
Urban Enviro Waste Management
Shares of Urban Enviro Waste Management rose 8.14 percent on Friday to Rs. closed at 140.05. It has returned 34.66 percent in the last one month. Its 52-week high price is Rs. 148.05 and a low of Rs. is 72.20. The promoters hold 51.19 percent of it and the rest is held by others.
(Disclaimer: Information about stock performance is provided here only, it is not investment advice. Investing in stock market is subject to risks and before investing, consult your advisor.)