These multi-baggers of 2021 tanked up to 60 per cent in 2022, so far!

These multi-baggers of 2021 tanked up to 60 per cent in 2022, so far!

Shreya Chaware
/ Categories: Trending, Multibaggers

We have identified some small-cap stocks that soared attractively in 2021, gaining up to 2,500 per cent but recorded a negative performance in 2022, so far.

In a nutshell, in the year 2021, BSE Sensex advanced around 10,000 points in a single year and is qualified to be one of the best years for BSE. Comparing BSE Sensex with ten major world indices across nine countries shows that it displayed the best performance among major Asian economies in 2021. The small-cap stocks that are comparatively more volatile than the Large-Cap and Mid-Cap space returned the investors' handsome gains with some stocks turning into Multi-baggers for 2021.  

Just when investors were beginning to cheer once again post the COVID-19 falls in the market; in 2022, the equity markets went through a lot of volatility. Things took a downward motion with Sensex falling 12.34 per cent and Nifty 50 index declining 11.87 per cent in 2022, so far. BSE Smallcap index tumbled around 19.8 per cent in 2022, so far; whereas in 2021, the same index gained around 61 per cent.  

We have identified some small-cap stocks that soared attractively in 2021, gaining up to 2,500 per cent but recorded a negative performance in 2022, so far. Have a look at the same: 

Company Name Sector Latest Market Cap (Rs crore) YTD Returns (per cent)* 2021 returns (per cent)
Tata Teleservices (Maharashtra) Ltd Telecom 21,328.26 -47.28 2,516.31
Brightcom Group Ltd IT 8,656.88 -60.07 2,395.12
GRM Overseas Ltd FMCG 1,905.30 -50.27 1,576.88
3I Infotech Ltd IT 636.49 -60.04 1,285.07
Aurum Proptech Ltd IT 555.06 -31.48 858.95
RattanIndia Enterprises Ltd Miscellaneous 5,480.70 -16.61 600.29
Nahar Spinning Mills Ltd Textile 1,055.63 -41.05 562
Saregama India Ltd Media & Entertainment 7,127.20 -29.61 531.44
Olectra Greentech Ltd Electricals 4,525.11 -31.04 505.84
PTC Industries Ltd Automobile & Ancillaries 1,770.04 -32.05 481.78
Share India Securities Ltd Finance 3,315.25 -0.51 468.04
JTL Infra Ltd Iron & Steel 1,153.23 -10.63 439.89
Trident Ltd Textile 17,708.45 -34.86 397.2
Kabra Extrusiontechnik Ltd Capital Goods 862.06 -43.11 389.43
Man InfraConstruction Ltd Infrastructure 2,626.60 -30.43 346.05
Acrysil Ltd FMCG 1,288.80 -41.32 343.67
Everest Kanto Cylinder Ltd Capital Goods 1,756.61 -34.73 340.09
KPIT Technologies Ltd IT 12,455.72 -25.87 327.11
JBM Auto Ltd Automobile & Ancillaries 4,369.82 -17.85 302.43

*Returns up to June 20, 2022

Previous Article Top three stocks that witnessed heavy demand from buyers in the pre-opening session today
Next Article Watch out for these penny stocks locked in the upper circuit on June 22
Rate this article:
4.5

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