Synopsis: Two SME-listed companies gained investor attention after domestic institutional investor (DII) Varanium Capital Advisors acquired stakes worth over Rs. 6 crore each through bulk deals.

Investor interest in SME stocks improved after institutional buying was seen in two fast-growing companies. The purchases show that domestic funds are becoming more confident about smaller businesses working in areas like recycling and electronics manufacturing, which are expected to grow strongly as India focuses on clean technology and local production.

Namo eWaste Ma n agement Ltd , which operates with a market capitalisation of Rs. 496 crore, opened at Rs. 212.10 on Thursday against a previous close of Rs. 215.25, marking a 1.46 percent decline at the open.

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