Mistras MG, an engineering services company, exhibits strong momentum characteristics. Its recent price performance, coupled with positive earnings estimate revisions, suggests potential for future growth. The stock currently holds a Zacks Rank of #2 (Buy) and a Momentum Style Score of B, indicating a promising investment opportunity.
Winsol Engineers, a leading provider of engineering services for renewable energy firms, made a strong debut on the NSE SME platform today. The company’s shares were listed at ₹ 365 apiece, a significant 386% premium over the issue price of ₹ 75 per share. The company’s ₹ 23.36-crore public offer consisted of a fresh issue of 31.15 lakh shares. The issue received robust subscription, with non-institutional investors buying 1,088 times their allotted quota, retail investors picking up 780 times their reserved portion, and QIBs buying 207 times their share.
