The Indian stock market has witnessed a remarkable bull run in the past year, with several stocks delivering exceptional returns. While large-cap stocks have grabbed most of the headlines, several small-cap stocks have also performed remarkably well.
Nine BSE SmallCap stocks priced under ₹100 have delivered stellar returns of between 135% and 605% in the past year, highlighting the potential for wealth creation in the smaller segments of the market.
These stocks are:
- Lloyds Enterprises: This stock has surged over 600% in the past year, from ₹5.13 to ₹36.20 apiece.
- Suzlon Energy: This stock has gained over 400% in the past year, from ₹7.90 to ₹40.60 apiece.
- Indo Count Industries: This stock has rallied over 300% in the past year, from ₹28.65 to ₹123.50 apiece.
- JVL Infracon: This stock has gained over 250% in the past year, from ₹14.70 to ₹50.45 apiece.
- Orient Paper Industries: This stock has rallied over 200% in the past year, from ₹10.70 to ₹34.10 apiece.
- Nava Bharat Ventures: This stock has gained over 150% in the past year, from ₹11.05 to ₹27.65 apiece.
- Supreme Petrochem: This stock has rallied over 140% in the past year, from ₹4.25 to ₹10.15 apiece.
- Gujarat Narmada Fertilizers and Chemicals: This stock has gained over 135% in the past year, from ₹20.55 to ₹47.90 apiece.
The exceptional performance of these stocks is attributed to various factors, including strong financial performance, expansion plans, and favorable industry trends. These stocks have also benefited from the overall positive sentiment in the Indian stock market.
Investors should note that small-cap stocks are generally riskier than large-cap stocks due to their lower market capitalization and liquidity. However, they also offer the potential for higher returns.
Before investing in any small-cap stock, investors should carefully consider the company’s fundamentals, financials, and future prospects. They should also conduct thorough research and understand the associated risks.