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These Small Cap Stocks Gave Returns Over 100% In Q2FY21


If we take gains for the first half of the current fiscal FY21, the gains on the benchmark indices were to the tune of 31%, while for the September quarter it was 10 percent on both the indices i.e. Nifty and Sensex. And the small cap and mid-cap space saw a lot of action given the high liquidity in the system with BSE small cap rising a whopping 20% in the September quarter.

These Small Cap Stocks Gave Returns Over 100% In Q2FY21

The gains have come also as the mid and small cap scrips are seen to be undervalued and investors' anticipate huge gains with the Nifty seeing resilience.

In the BSE Small Cap index a total of 18 stocks zoomed over 100%, doubling investors' money in Q2FY21.

Here are listed all such stocks from the pack:

Stock Gains in Q2FY21 (In %)
Tanla Solutions 308
Ramco Systems 287
Laurus Labs 176
IndoCap Industries 173
Nucleus Software 156
Aarti Drugs 143
Majesco 132
Prince Pipes 130
IG Petrochemicals 129
Birlasoft 118
Camlin Fine Services 117
Mastek 116
IndiaMart 115
Persistent Systems 111
Globus Spirits 111
Butterfly Gandimathi Appliances 109
Ramkrishna Forgings 104
Firstsource Solutions 104

Now as per experts if the reasons for the likely rally in these stocks changes the momentum in these stocks may slow down. Also such rise cannot sustain as there comes a point when there is mean reversion and then likely correction in these stocks.

Read more about: small cap stocks
Story first published: Thursday, October 8, 2020, 8:24 [IST]
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