These small cap stocks have doubled the wealth of investors in year 2022

These small cap stocks have doubled the wealth of investors in year 2022

Mandar Wagh
/ Categories: Trending, Mindshare

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- 

Sr. No.  

Company Name  

Sector  

Latest Market Cap (Rs crore)  

YTD Basis (%)  

1  

Chennai Petroleum Corporation   

Crude Oil  

4736.13  

209.99  

2  

Mangalore Refinery And Petrochemicals  

Crude Oil  

17280.62  

128.51  

3  

BLS International Services

Miscellaneous  

4280.36  

119.95  

4  

Vadilal Industries   

FMCG  

1400.51  

114.19  

5  

Bharat Dynamics   

Capital Goods  

14360.09  

100.49  

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