These small-cap stocks jumped up to 283 per cent when BSE Sensex slipped 15 per cent; do you own them?
List of outperforming small-cap stocks that gained up to 283 per cent when markets tumbled in the past eight months.
BSE Sensex tanked over 15 per cent since it made an all-time high in October. BSE Smallcap index, in the meantime, plunged 15 per cent; thus, performing in line with the key benchmark index.
While the current market meltdown can be termed as one of the longest ones (almost 8 months), the time correction and price correction have not been able to demoralise the Indian investors with a penchant for small-caps.
Even as the markets slipped, there are many small-caps that managed to deliver double-digit returns during the same time. We find that at least 171 small-cap stocks have managed to deliver double-digit returns since October 2021 when BSE Sensex slipped 15 per cent.
Here is the list of outperforming small-cap stocks that gained up to 283 per cent when markets tumbled in the past eight months:
Company Name |
Sector |
Latest Market Cap (Rs crore) |
Returns from October 19, 2021 to June 14, 2022) |
Mirza International Ltd |
FMCG |
2,868.70 |
283.05 |
Jindal Worldwide Ltd |
Textile |
5,371.94 |
137.71 |
Tata Teleservices (Maharashtra) Ltd |
Telecom |
25,707.30 |
136.51 |
Chennai Petroleum Corporation Ltd |
Crude Oil |
4,736.13 |
130.22 |
Gokul Agro Resources Ltd |
Agri |
1,399.96 |
126.77 |
Sharda Cropchem Ltd |
Chemicals |
5,914.40 |
108.54 |
Vishnu Chemicals Ltd |
Chemicals |
1,696.33 |
102.84 |
Elgi Equipments Ltd |
Capital Goods |
12,883.94 |
100.22 |
Mangalore Refinery And Petrochemicals Ltd |
Crude Oil |
17,280.62 |
90.16 |
Gujarat Mineral Development Corporation Ltd |
Mining |
4,494.93 |
88.97 |
Raymond Ltd |
Textile |
5,825.20 |
87.45 |
Cantabil Retail India Ltd |
Textile |
1,844.20 |
86.66 |
Bharat Dynamics Ltd |
Capital Goods |
14,360.09 |
82.63 |
PG Electroplast Ltd |
Consumer Durables |
1,936.34 |
81.95 |
Steel Exchange India Ltd |
Iron & Steel |
1,227.41 |
81.45 |
GRM Overseas Ltd |
FMCG |
2,096.70 |
80.83 |
BLS International Services Ltd |
Miscellaneous |
4,280.36 |
78.74 |
Swan Energy Ltd |
Textile |
6,154.54 |
78.15 |
Orient Bell Ltd |
Construction Materials |
912.49 |
77.58 |
Vadilal Industries Ltd |
FMCG |
1,400.51 |
77.54 |