Diwali 2021 to 2022: List of small-cap stocks that more than doubled during this period!

So, here is the list of stocks that have more than doubled from Samvat 2078 to Samvat 2079:

First of all, before throwing light on today's topic, wishing all my dear investor friends, a very happy and prosperous Diwali in advance! May the festival of lights sparkle your investments and illuminate your portfolio! 

Unarguably, Samvat 2078 will go down in history as one of the most volatile years in the history of D-Street. During Samvat 2078, we saw investors going frenzy over tech stocks and the IPO boom, followed by the Russian-Ukraine war, multi-decade-high global inflation, and the fastest rate hike by US Fed in recent memory. 

However, there’s a nice twist! In this nebulous global scenario, India looks like a pearl in the sea due to strong domestic demand, PLI schemes, and food security with low NPA over the years, strong infrastructure investment as well as increased investment in Unicorns. 

The festive demand is buoyant amid waning COVID-19 impact, favourable monsoon, and pick up in infrastructure with real estate development, which is proving to be a silver lining for India. 

From Samvat 2078 to Samvat 2079, BSE Smallcap index has advanced more than 2 per cent and relatively outperformed the benchmark index. 

So, here are 13 stocks that have more than doubled from Samvat 2078 to Samvat 2079: 

Considering that India is placed in a bright spot amidst the chaos in the global market, we remain hopeful that Samvat 2079 will continue to deliver more multi-baggers!