These small caps rocked investors world in 2021 so far
Some of the small-caps have turned out to be multibaggers in 2021 already with Majesco Limited topping the list of the best small-cap performer of the year so far.
Retail investors have always taken a liking for small-cap investing. The small-cap universe has not disappointed all those betting on tiny treasures listed on the bourses.
The small-cap index is up by 29.4 per cent on a YTD basis while in comparison, Sensex is up by only 6.01 per cent. The outperformance in the small-cap space can be seen clearly. The reason behind this is that the valuations are yet to reach their peak levels for small-caps even when Sensex is trading precariously close to its all-time highs. Also, there are plenty of opportunities in the small-cap space for seasoned stock pickers. The earnings have been outstanding for more than a dozen small-cap players, which is encouraging investors to bet big on them.
Some of the small-caps have turned out to be multibaggers in 2021 already with Majesco Limited topping the list of the best small-cap performer of the year so far. Majesco gained 372 per cent while Adani Total Gas was not far behind as it clocked gains of 251 per cent.
Here is a list of the top small-cap gainers in 2021, so far:
Company name
|
Latest market cap (Rs crore)
|
YTD returns (per cent)
|
Majesco Ltd
|
219.02
|
372.22
|
Adani Total Gas Ltd
|
1,45,444.38
|
251.16
|
Magma Fincorp Ltd
|
10,221.01
|
226.98
|
Balaji Amines Ltd
|
9,375.07
|
208.49
|
Saregama India Ltd
|
4,255.57
|
193.61
|
Hindustan Copper Ltd
|
16,507.10
|
175.1
|
Praj Industries Ltd
|
6,049.32
|
174.65
|
Graphite India Ltd
|
15,480.59
|
158.47
|
HEG Ltd
|
9,256.55
|
153.95
|
Salasar Techno Engineering Ltd
|
862.33
|
150.95
|