Wealth creator: Top 5 small wonders of CY2021

Indian benchmark indices have witnessed fabulous run-up in the last 15-16 months wherein, Nifty gained nearly 123 per cent from the lows of March 2020. If gains in Nifty 50 index don’t excite you, this may leave you spellbound as Nifty Smallcap index has jumped more than 200 per cent during the same period.

During this merry period there are many stocks on D-Street, which have delivered handsome returns to their shareholders, however, in this article we will be focusing on the most popular category of stocks. Stocks, which are the most popular among retail investors, are known as penny stocks. However, in this article, we will refer them as ‘small wonders’. So basically, stocks that trade between Re 1 and Rs 20 will be termed as small wonders.

So, here are the top 5 wealth creator Small Wonders of Calendar Year 2021 (CY2021)

Jayaswal Neco Industries: The stock was locked at upper circuit on Friday and it has gained nearly 256 per cent in the Calendar Year 2021.

Reliance Power (RPower): This ADAG group is the second-best performer in the Small Wonders category for CY2021. The stock has surged 229 per cent in CY2021.

Dharani Sugars & Chemicals: Sugar stocks have seen scintillating rally in the last 12-15 months and this list would have been incomplete without a sugar stock. So, Dharani Sugars has added the much-needed sweetness of sugar stock in this list as it has rallied nearly 214 per cent in CY2021.

Lloyds Steels Industries: The stock is up by 205 per cent in CY2021. Moreover, the stock is seen hovering around its 20-week moving average.

Eastern Silk Industries: The stock has jumped nearly 189 per cent in CY2021. On MTD basis the stock has gained nearly 11 per cent.