Do you own these smallcap stocks that are currently outperforming the equity markets?

Do you own these smallcap stocks that are currently outperforming the equity markets?

Shreya Chaware
/ Categories: Trending, Mindshare

List of small cap stocks that gained more than 10 per cent since the benchmark indices hit its recent high.

After hitting a record high on January 17, 2022, during the last one month, domestic equities have dropped sharply by about 6 per cent followed by some recovery but remained rangebound and depicted volatility.

BSE's Sensex recorded negative returns of 6.54 per cent during the period whereas Nifty has fallen by 6.6 per cent. In the broader markets, BSE Smallcap index plunged around 14.27 per cent whereas BSE Midcap index contracted around 10.43 per cent, underperforming the benchmark indices.

Pulling out the data for returns recorded by smallcap stocks, 28 stocks have outperformed the smallcap stocks space and have recorded gains beyond 10 per cent. The top 5 stocks include Sharda Cropchem, DB Realty, TCPL Packaging, Orient Bell, Shankara Building Products and Vishnu Chemicals. 

Shares of Sharda Cropchem Ltd have surged on a healthy outlook for the agrochemical industry. The firm reported robust third-quarter revenues up 78 per cent on a year on year basis at Rs 880 crore due to strong volume growth (51 per cent) and higher realisation (27 per cent). The agrochemical revenues grew 80 per cent on a YoY basis to Rs 720 crore while non-agrochemicals sales rose 71 per cent to Rs 160 crore. On the other hand, net profit surged 112 per cent to Rs 100 crore.

Following is the list of stocks that gained over 10 per cent when the equity markets made the recent high on January 17, 2022:

Company Name Sector Latest Market Cap (Rs crore) Returns from January 17,2022 to February 22, 2022 (%)
Sharda Cropchem Chemicals 4615.23 39.27
DB Realty Realty 2363.26 35.12
TCPL Packaging FMCG 645.24 30.36
Orient Bell  Construction Materials 670.3 29.51
Shankara Building Products  Iron & Steel 1565.18 25.91
Vishnu Chemicals  Chemicals 1500.84 25.18
Vadilal Industries  FMCG 821.07 24.93
Excel Industries  Chemicals 1484.54 24.81
Balaji Telefilms  Media & Entertainment 788.82 20.63
TV18 Broadcast  Media & Entertainment 10174.73 19.98
Gujarat Mineral Development Corporation  Mining 4141.95 18.38
Hitachi Energy India  Capital Goods 13414.01 17
CreditAccess Grameen  Finance 11110.37 15.98
Ratnamani Metals & Tubes  Iron & Steel 10255.63 15.92
Nahar Poly Films  Plastic Products 939.14 14.74
RHI Magnesita India  Capital Goods 7888.82 14.14
Prime Focus  Media & Entertainment 2306.43 14.02
Sree Rayalaseema Hi-Strength Hypo  Chemicals 698.61 13.63
Chalet Hotels  Hospitality 5547.95 12.95
MM Forgings  Automobile & Ancillaries 1926.44 12.59
Shanthi Gears  Automobile & Ancillaries 1480.23 12.27
Mahindra Lifespace Developers  Realty 4645.41 11.58
Jindal Drilling & Industries  Crude Oil 529.34 11.17
Sandur Manganese & Iron Ores  Mining 2487.28 10.69
Capri Global Capital  Finance 10405.07 10.53
Godawari Power And Ispat  Iron & Steel 4295.3 10.31
Eveready Industries India  Automobile & Ancillaries 2518.98 10.24
Everest Industries  Construction Materials 1041.2 10.02
Previous Article What does the history suggest about geo-political risk and equity returns?
Next Article BSE 500 is down by 9.50 per cent from its 52-week high, but these stocks have rallied more than 50 per cent!
Rate this article:
4.3

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR