Best small-cap stocks to watch out for in September!
The month of August was a fantastic one for the key benchmark indices as they logged fresh all-time highs while Nifty gained nearly 8.7 per cent. Unlike the frontline indices, the broader indices witnessed turbulence in the first half of August. However, in the latter part of the month, broader market indices regained their lost sheen and ended the month with a divergent trend where Nifty Midcap 100 ended up by 2.14 per cent while Nifty Smallcap dropped nearly 2.5 per cent.
Given the fact that in the last week of August 2021, we saw broader market indices outperforming the frontline gauge, we believe that this trend would continue. Hence, we have curated a list of stocks that might outperform in the month of September. This list is based on BSE Smallcap index.
Meanwhile, it’s important to note that these stocks have been selected based on the seasonality analysis.
Panacea Biotec: Panacea Biotec is an innovation-driven biotechnology company engaged in research & development, manufacturing, sales, distribution and marketing of pharmaceuticals, vaccines as well as biosimilars. The stock has delivered an average gain of 13.85 per cent with a positivity rate of 84.21 as 16 times out of 19 times, the stock has ended in green in the month of September.
Aarti Industries: The company is a leading Indian manufacturer of speciality chemicals & pharmaceuticals with a global footprint. The stock has delivered an average gain of 9.90 per cent with a positivity rate of 78.95 as 15 times out of 19 times, the stock had ended in green in the month of September.
Akzo Nobel India: The stock has delivered an average gain of 7.35 per cent with a positivity rate of 78.95 as 15 times out of 19 times, the stock ended in green in the month of September.
Atul: Atul Ltd is an integrated chemical company serving about 4,000 customers belonging to 30 industries across the world. The stock has delivered an average gain of 9.73 per cent with a positivity rate of 78.95 as 15 times out of 19 times, the stock has ended in green in the month of September.
Carborundum Universal: The company is in the space of abrasives, electro minerals, and ceramics. It pioneered the manufacture of coated & bonded abrasives in India apart from super refractories, electro minerals, industrial ceramics, and ceramic fibres. In sync with the global vision, CUMI is expanding its product spread. The stock has delivered an average gain of 8.46 per cent with a positivity rate of 78.95 as 15 times out of 19 times, the stock has ended in green in the month of September.
Munjal Auto Industries: The company is a leading auto component manufacturing company in India producing exhaust systems complete for two-wheelers and four-wheelers, spoke rims for two-wheelers, steel wheel rims for two-wheelers and four-wheelers, fuel tanks for four-wheelers, seat frames for four-wheelers, and other automotive assemblies. The stock has delivered an average gain of 13.33 per cent with a positivity rate of 73.68 as 14 times out of 19 times, the stock ended in green in the month of September.
Unichem Laboratories: With formulations constituting the core of the company’s business, Unichem is backward integrated to API manufacturing, which adds value to the customer in terms of quality and sustainability. The stock has delivered an average gain of 9.89 per cent with a positivity rate of 73.68 as 14 times out of 19 times, the stock has ended in green in the month of September.
Blue Star: Blue Star is India’s leading air condition and commercial refrigeration company. The stock has a success ratio of 73.68 per cent, which means out of 19 times, the stock has delivered positive returns 14 times in the month of September. An average return generated in the month of September by this stock is about 6.48 per cent with max gains of 14.50 per cent.
Gujarat Ambuja Exports: The company is principally involved in the manufacturing of corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils. The stock has a success ratio of 73.68 per cent, which means out of 19 times, the stock has delivered positive returns 14 times in the month of September.
Phillips Carbon Black: The company is a part of RP-Sanjiv Goenka Group and it is one of the largest carbon black manufacturers in India as well as a strong global player with a significant customer base in 40+ countries. It has a success ratio of 73.68 per cent, which means out of 19 times, the stock has delivered positive returns 14 times in the month of September.