Markets
BSE See NSE See 54,492.84
123.07 (0.23%)

BSE Small Cap index: ADAG Group Trio, SREI Infra and HCL Insys double in one month

Yogesh Supekar
/ Categories: Trending, Mindshare, DSIJ News

Smallcaps are seen outperforming the frontline indices and investors have shown an increasing appetite to invest in them as the prices soar for the small caps.

Rate this article:
4.2
BSE Small Cap index: ADAG Group Trio, SREI Infra and HCL Insys double in one month

BSE Small-cap index is up ~37 per cent on YTD basis while BSE Sensex has gained nearly 10 per cent in 2021. Smallcaps are seen outperforming the frontline indices and investors have shown an increasing appetite to invest in them as the prices soar for the small caps.

The rally in small cap stocks is a global phenomenon not restricted to Indian market with S&P 2000 index turning out to outperform the blue-chip Dow Jones Industrial Average (DJIA), S&P 500 and tech-heavy NASDAQ composite in 2021.

Amongst the constituents of BSE Small Cap index we find that at least six small cap stock shave managed to double in one month alone. What is interesting to note is the fact that out of the six small caps that doubled in one month – 3 belong to ADAG group. The ADAG trio of Reliance Communications, Reliance Capital and Reliance Power dominate the list of top small cap gainers of BSE Small Cap index.

SREI Infra and HCL Infosystems are the only other BSE Small Cap index constituents that have more than doubled in past one month. What is interesting to also note is all of these stocks are penny stocks i.e trading below Rs 20 per share; except Reliance capital that is trading at Rs 29.85 per share on Wednesday. While 5 penny stocks out of 6 doubled; as many as 17 small cap stocks gained more than 50 per cent in just one month as on 22nd of June, 2021.

Following is the list of Top Smallcap gainer from the BSE SmallCap index :-

Sr No

Company Name

Returns (%)

1

Reliance Communications Ltd.

178.29

2

Reliance Capital Ltd.

142.45

3

Reliance Power Ltd.

137.99

4

SREI Infrastructure Finance Ltd.

127.25

5

HCL Infosystems Ltd.

113.53

6

Reliance Industrial Infrastructure Ltd.

102.73

7

Reliance Infrastructure Ltd.

97.78

8

Brightcom Group Ltd.

95.77

9

Shree Renuka Sugars Ltd.

93.13

10

RattanIndia Power Ltd.

92.04

11

Jaiprakash Associates Ltd.

88.99

12

Globus Spirits Ltd.

84.08

13

Fairchem Organics Ltd.

82.68

14

Ramky Infrastructure Ltd.

78.78

15

Jaiprakash Power Ventures Ltd.

72.98

16

PNB Housing Finance Ltd.

68.89

17

Lux Industries Ltd.

65.87

18

BF Utilities Ltd.

62.58

19

Godawari Power & Ispat Ltd.

56.07

20

Future Consumer Ltd.

54.4

21

Bajaj Hindusthan Sugar Ltd.

53.95

22

Jai Corp Ltd.

53.35

23

LG Balakrishnan & Brothers Ltd.

53.17

Previous Article Taking exposure to tech-heavy NASDAQ composite has become easier - Know more!
Next Article Top stocks to watch today: A late burst in volume was seen in these stocks
Please login or register to post comments.

Get A Call From Industry Experts

Send Otp

   I authorize DSIJ Pvt Ltd to contact me. This will override registry on the NDNC.

DSIJ MINDSHARE

1345Last

Knowledge

1345Last