2 Multibagger Small Cap Stocks Rally Over 18% Intraday, Do You Own?

2 Leading small cap stocks have gained maximum 18% intraday. These stocks are Donear Industries Ltd and Pearl Polymers Ltd. Donear Industries have already given multibagger returns in just 6-months. Donear Industries has a market capitalisation of Rs 550 crore and Pearl Polymers Ltd's market capitalisation is Rs 55 crore. Check key details below:

1. Pearl Polymers Ltd

The stock gained 18% intraday to end at Rs 33 apiece. In 1-week the stock has rallied over 38%, 28% in last 1-month, 65% in last 3-months, and 81% in last 1-year. It fell 14% in last 5-years. 

The stock has given multibagger returns in last 3-years at 131%. The small cap stock registered a spurt in volume by more than 11.49 time on January 6, 2023. The stock's 52-week high is Rs 36 apiece and 52-week low is Rs 16 apiece, respectively.

Pearl Polymers Ltd is one of the largest plastic processors in the country. It has facilities to manufacture PVC compounds, brown film polypropylene, ready-made garments, injection moulding of plastic products and blow moulding of PET bottles and containers, among others.

It is worth noting, that Pearl Polymers is the first and largest manufacturer of polyethylene terphthalate (PET) bottles.

2. Donear Industries Ltd

The stock gained 13% intraday and 18% in last 2 days. The stock was priced Rs 89 apiece on January 4 and surged to Rs 105 apiece today (January 6, 2023).

The stock also hit its new 52-week high intraday. In last 1-week, it has rallied 22%, 33% in last 1-month, and 84% in last 3-months. The stock gave multibagger returns in 6 months at 110%, surged 254% in last 3-years, and 47% in last 5-years.

Donear Industries Ltd is a leading fashion fabric brand creating a vast variety of exotic; Suitings Trouser & Shirting Fabrics. It is engaged in the manufacturing and marketing of fabrics. It manufactures suitings trouser and shirting fabrics in India and globally.

It provides polyester viscose blended fabrics, polyester cotton blended fabrics, polyester fabrics cotton, high value plain and yarn dyed shirting fabrics, etc.

Disclaimer

The small cap stocks have gained maximum over 18% in just 2 days. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.