These outperforming small-caps are trading at record highs after positive price volume breakouts; check if you own any!
The year 2021 can be said to be one of the best years for the broader markets. So far in 2021 alone the BSE SmallCap Index is up by 73.32 per cent. This reflects an outperformance of over 30 per cent to BSE Sensex that has climbed by 43.04 per cent in 2021, so far.
In the past one month however, the tides have changed for small caps. The BSE SmallCap Index is down by 1.67 per cent while BSE Sensex has gained by 6.41 per cent in the past one month. Several small caps stocks managed to trade at record highs in August, bucking the trend in the broader markets.
Few small caps such as Apollo Pipes have given a channel breakout on daily chart and is trading at life highs while we have ABB Power Products with negative earnings and yet trading at fresh 52-week highs, outperforming the markets.
Following is the list of outperforming small cap stocks trading at record highs that are catching investors' attention as reflected in rising volumes:
| Sr No |
Stock |
1 Month (%) |
1 yr (%) |
Achievement |
| 1 |
Esab India |
20.3 |
47.76 |
Life High |
| 2 |
Oracle Financial Services |
13 |
54.74 |
Life High |
| 3 |
Dynamatic Technology |
50 |
184 |
4 Yrs High |
| 4 |
Apollo Pipes |
28.54 |
271 |
Life High |
| 5 |
Kajaria Ceramics |
17.21 |
150.81 |
Life highs |
| 6 |
Confidence Petroleum |
18.2 |
239 |
Life High |
| 7 |
Kennametals |
14.76 |
74.71 |
Life High |
| 8 |
HLE Glasscoat |
17.52 |
108.99 |
Life High |
| 9 |
Balaji Amines |
10 |
293.9 |
Life High |
| 10 |
ABB Power Products |
11.99 |
112.69 |
52-W High |
| 11 |
BSE SmallCap Index |
-1.67 |
73.32 |
Within 4 per cent of 52-W high |
| 12 |
BSE Sensex |
6.41 |
43.04 |
Within 1 per cent of 52-W high |