These small-cap stocks gained up to 95 per cent in July, so far!
Amidst the mixed performance by the domestic benchmark indices, BSE SmallCap index ensured to keep the investors cheered as it exhibited gradual growth since the beginning of July 2021.
Since the beginning of July 2021, the domestic benchmark indices i.e. Sensex & Nifty are on a bumpy ride. The investors are on their toes, witnessing the mixed reaction of the markets to the domestic & global economic scenario.
Amidst the mixed performance by the domestic benchmark indices, BSE SmallCap index ensured to keep the investors cheered as it exhibited gradual growth since the beginning of July 2021. The index is up by 2.72 per cent since July 1, 2021, and ended at 26,001.76 levels on Tuesday i.e. on July 20, 2021.
We would like to draw the attention of investors towards the top 10 stocks from BSE SmallCap index, which managed to give up to 95 per cent returns to investors in just 20 days. Topping the list of stocks is Brightcom Group, which has gained 95.03 per cent returns in July 2021, followed by Datamatics Global Services that gained 65.88 per cent. Meanwhile, IIFL Securities rose by 62.96 per cent since the beginning of July 2021. Talking about these three stocks, on a YTD basis, Brightcom Group zoomed by an attractive 394.43 per cent whereas Datamatics Global Services & IIFL Securities increased by 173.43 per cent and 154.23 per cent, respectively.
Following is the list of top 10 small-cap stocks that gave handsome returns in the last 20 days:
Company name
|
Sector
|
Latest market cap (Rs crore)
|
July 2021 returns (per cent)
|
Brightcom Group Ltd
|
IT
|
2,403.11
|
95.03
|
Datamatics Global Services Ltd
|
IT
|
1,847.18
|
65.88
|
IIFL Securities Ltd
|
Finance
|
3,687.41
|
62.96
|
Kitex Garments Ltd
|
Textile
|
1,207.64
|
58.6
|
Angel Broking Ltd
|
Finance
|
10,471.34
|
48.49
|
Happiest Minds Technologies Ltd
|
IT
|
21,903.97
|
48.14
|
Steel Strips Wheels Ltd
|
Automobile & ancillaries
|
1,924.65
|
47.22
|
Kaya Ltd
|
Healthcare
|
628.45
|
43.34
|
Gokaldas Exports Ltd
|
Textile
|
847.71
|
40.17
|
Gravita India Ltd
|
Non-ferrous metals
|
1,233.36
|
39.52
|