These top performing mid-caps & small-caps jumped up to 35 per cent in last one week
When the stock markets had tumbled last week, the small-cap & mid-cap stocks were strongly affected. Despite that, some managed to stage a positive recovery.
Mid-cap and small-cap stocks were being favoured by many investors since the COVID-19 market crash. Analysts believe that the broader markets, which underperformed large-caps in the last few years, could again continue to see a positive trend. In the broader markets, IT, FMCG, and healthcare stocks have been among investors’ favourites.
Though, compared to the previous months, the general euphoria in the broader markets seems to have cooled down as investors now consider a stock-specific approach to aim for cheap stocks with a strong financial performance and improved order books.
In the last one week, BSE Small-Cap index gained by 5.62 per cent while BSE Mid-Cap index rose by 4.53 per cent.
A list of the top-performing mid-cap stocks:
|
Company Name
|
Sector
|
Returns (per cent)*
|
|
Whirlpool of India Ltd
|
Consumer durables
|
16.66
|
|
Honeywell Automation India Ltd
|
Consumer Durables
|
12.48
|
|
Mphasis Ltd
|
IT
|
11.41
|
|
Canara Bank
|
Bank
|
10.39
|
|
Adani Enterprises Ltd
|
Trading
|
10.17
|
|
*Since December 21, 2020.
|
List of the top-performing small-cap stocks are:
|
Company Name
|
Sector
|
Returns (per cent)*
|
|
Borosil Renewables Ltd
|
Construction Materials
|
35.92
|
|
India Tourism Development Corporation Ltd
|
Hospitality
|
28.76
|
|
Firstsource Solutions Ltd
|
IT
|
28.26
|
|
Hindustan Foods Ltd
|
FMCG
|
25.67
|
|
Birlasoft Ltd
|
IT
|
25.65
|
|
*Since December 21, 2020.
|