Trending small-caps: These small-caps are outperforming markets; check here if you own them!
List of the quality small-cap stocks that are seen outperforming the markets and have recovered the most since June 17, which is the near-term bottom for the market made on June 17.
The equity markets have bounced from their recent lows in spite of the recession fears. It is the steep drop in commodity as well as crude oil prices that are leading to a rally in the equity prices.
Whether the current rally is a technical bounce or we’ve already seen a bottom for markets is the most important question that investors are facing right now.
BSE Smallcap index plunged more than 13 per cent on a YTD basis; however, a few Small-Cap stocks such as Himadri Speciality Chemicals, Chennai Petroleum Corporation, Vadilal Industries, Orient Bell, BLS International, Mirza International and Gujarat Mineral Development Corporation (GMDC) have more than doubled in the similar period.
BSE Sensex made a near-term bottom on June 17 when it closed below the 52,000 level. Since then, BSE Sensex has recovered by approximately 6 per cent. There are some quality small-cap stocks that jumped up to 54 per cent during the same period.
Here is the list of the quality small-cap stocks that are seen outperforming the markets and have recovered the most since June 17, which is the near-term bottom for the market made on June 17:
|
Company Name
|
Sector
|
Latest Market Cap (Rs crore)
|
Returns from June 17, 2022 (per cent)
|
|
Himadri Speciality Chemical Ltd
|
Chemicals
|
3828.57
|
54.48
|
|
Shalimar Paints Ltd
|
Chemicals
|
1308.21
|
52.42
|
|
Steel Exchange India Ltd
|
Iron & Steel
|
1959.37
|
51.84
|
|
Sterling Tools Ltd
|
Automobile & Ancillaries
|
1105.4
|
38.81
|
|
Tube Investments of India Ltd
|
Automobile & Ancillaries
|
39682.72
|
38.13
|
|
Sobha Ltd
|
Realty
|
6345.19
|
35.77
|
|
Yash Pakka Ltd
|
Paper
|
362.7
|
35.59
|
|
Monte Carlo Fashions Ltd
|
Textile
|
1657.01
|
35.31
|
|
Spandana Sphoorty Financial Ltd
|
Finance
|
3057.47
|
34.02
|
|
India Pesticides Ltd
|
Chemicals
|
3165.84
|
33.35
|
|
Hinduja Global Solutions Ltd
|
IT
|
5195.13
|
31.33
|
|
Rolex Rings Ltd
|
Automobile & Ancillaries
|
4983.29
|
31.17
|
|
Fiem Industries Ltd
|
Automobile & Ancillaries
|
1920.94
|
31.12
|
|
Lumax Auto Technologies Ltd
|
Automobile & Ancillaries
|
1449.71
|
31.05
|
|
Ceat Ltd
|
Automobile & Ancillaries
|
4760.77
|
30.89
|
|
Usha Martin Ltd
|
Iron & Steel
|
4164.3
|
29.83
|
|
Borosil Ltd
|
Consumer Durables
|
3715.04
|
29.27
|
|
Anant Raj Ltd
|
Realty
|
1838.45
|
29.25
|
|
Navkar Corporation Ltd
|
Logistics
|
939.24
|
28.79
|
|
Neuland Laboratories Ltd
|
Healthcare
|
1727.16
|
28.71
|
|
Voltamp Transformers Ltd
|
Capital Goods
|
3225.49
|
28.69
|
|
Goa Carbon Ltd
|
Chemicals
|
425.2
|
28.13
|
|
Responsive Industries Ltd
|
Plastic Products
|
3846.21
|
28.03
|
|
Tribhovandas Bhimji Zaveri Ltd
|
Diamond & Jewellery
|
466.45
|
27.55
|
|
Tasty Bite Eatables Ltd
|
FMCG
|
2876.55
|
27.44
|
|
Techno Electric & Engineering Company Ltd
|
Infrastructure
|
3484.25
|
27.41
|
|
Dhanvarsha Finvest Ltd
|
Finance
|
1041.12
|
27.32
|
|
Nelcast Ltd
|
Automobile & Ancillaries
|
612.49
|
27.08
|
|
Automotive Axles Ltd
|
Automobile & Ancillaries
|
2949.48
|
26.27
|
|
LG Balakrishnan & Bros Ltd
|
Automobile & Ancillaries
|
2104.39
|
25.86
|
|
AMI Organics Ltd
|
Healthcare
|
3962.71
|
25.79
|
|
Gulshan Polyols Ltd
|
FMCG
|
2188.32
|
25.52
|
|
PSP Projects Ltd
|
Realty
|
2211.66
|
25.47
|
|
Electrosteel Castings Ltd
|
Automobile & Ancillaries
|
2143.55
|
25.39
|
|
Rico Auto Industries Ltd
|
Automobile & Ancillaries
|
621.63
|
25.38
|
|
India Glycols Ltd
|
Chemicals
|
2522.43
|
25.34
|