Stocks to watch, March 8 -- Small-cap stock Phantom Digital Effects Ltd will be in focus when the Indian stock market resumes trading activity on Monday. The SME stock has declared that it is raising funds of Rs.140 crore. The small-cap company informed about the move in an exchange filing on Friday, saying it would raise up to Rs.80 crore through Qualified Institutional Placement (QIP) and Rs.59.95 crore through the issuance of preferential issues. The company board also approved a preferential issue price of Rs.247 apiece.

The SME stock informed about the preferential issue move, saying, "The Board has accorded to create, issue, offer and allot, on a preferential basis, 24,27,000 fully convertible warrants at an issue price of Rs.247 p...