BSE SmallCap index: With 585.57 per cent gains in 2021; Rattan Enterprises becomes the top small cap multibagger!
The BSE SmallCap index has been outperforming the BSE Sensex consistently ever since the pandemic led market correction started to reverse. BSE SmallCap index is up by over 53 per cent in 2021 while BSE Sensex has gained little over 23 per cent in the same time frame. BSE Metal index is the top performing sectoral index has jumped higher by 76 per cent while BSE Basic Material index has gained by more than 65 per cent. BSE IPO index is up by 64 per cent in 2021.
We find that at least 190 constituents of BSE SmallCap index have gained by more than 100 per cent in 2021 alone with some of the top gainers soaring by more than 585 per cent in similar period.
Here is the list of top small cap multibaggers of 2021 that are constituents of BSE SmallCap index:
|
Sr no
|
Stock Name
|
YTD Return (%)
|
|
1
|
RattanIndia Enterprises Ltd.
|
585.57
|
|
2
|
Brightcom Group Ltd.
|
477.62
|
|
3
|
GRM Overseas Ltd.
|
476.7
|
|
4
|
Majesco Ltd.
|
443.83
|
|
5
|
Ganesh Housing Corporation Ltd.
|
431.27
|
|
6
|
Hexa Tradex Ltd.
|
422.26
|
|
7
|
Nahar Spinning Mills Ltd.
|
416.73
|
|
8
|
Balaji Amines Ltd.
|
407.62
|
|
9
|
Tata Teleservices (Maharashtra) Ltd.
|
366.5
|
|
10
|
Saregama India Ltd.
|
362.78
|
|
11
|
Rajratan Global Wire Ltd.
|
362.62
|
|
12
|
Happiest Minds Technologies Ltd.
|
340.11
|
|
13
|
JTL Infra Ltd.
|
334.35
|
|
14
|
Poonawalla Fincorp Ltd.
|
332.11
|
|
15
|
Elecon Engineering Company Ltd.
|
314.46
|
|
16
|
Kanoria Chemicals & Industries Ltd.
|
304.66
|
|
17
|
Hikal Ltd.
|
304.43
|
|
18
|
Globus Spirits Ltd.
|
304.24
|