These small cap stocks have doubled the wealth of investors in year 2022
Here is the list of small cap stocks that have delivered more than 100 per cent returns on YTD basis.
The current global market sentiments are affected by factors like the Russia-Ukraine war, continuously surging inflation, possible return to stagflation and Federal Reserve’s aggressive comments on it. As compared to the global markets, the Indian equity markets stand in a better position. The Indian benchmark indices i.e. Sensex and Nifty 50 plunged nearly 9 per cent each over a period of six months whereas, Wall Street’s headline indicator Nasdaq slumped over 30 per cent.
In an unfavorable environment prevailing in the equity markets, there were several stocks that have made investors happy. On year-to-date basis, we found 5 constituents of BSE Small cap index that have doubled the wealth of investors.
Following is the list of small cap stocks that have delivered more than 100 per cent returns on YTD basis-