Business

5 Reliable Small Cap Stocks That Have Emerging as Multi-Bag Sellers Since Last Year’s Diwali


The 50-script benchmark mostly fluctuates in the wider range of 3,000 points. Notably, the Nifty Midcap index still recovered with a decrease of only -2%, Nifty Smallcap The index faced big impact with a -12% drop.

In his report, Motilal Oswal said, “The driving force behind India’s success is its strong income CAGR growth of 24% during 20-22/2010. Additionally, Nifty’s earnings are expected to grow strongly at a CAGR of 16% in FY 22-24. Further strong domestic capital inflows brought stability to the market with DIIs bringing in Rs 1.8 lakh crore, offsetting a FII inflow of Rs 1.8 lakh”.

Furthermore, Motilal’s note explains that India is largely a domestic consumption-based economy and appears to be at an advantage over the developed world which is grappling with the challenges of high inflation. and slow growth.

Motilal is positive for Indian stocks from a medium to long term perspective, although there is the possibility of intermittent volatility. In the broader market, action is expected in certain niche segments.

Here is a list of five small-cap stocks that outperformed the Nifty Small Cap 100 and delivered triple-digit returns to investors in less than a year.

1. Deepak Fertilizer and Petrochemical Joint Stock Company:

Deepak Fertilizers is one of India’s leading manufacturers of fertilizers and industrial chemicals. The company’s product portfolio includes industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, fresh produce, technical ammonium nitrate and value-added real estate, including includes India’s first and largest revolutionary retail destination for Home Furniture & Design.

On the NSE, Deepak Fertilizers corrected closing price at 1,031.05 each on October 21. On this day, the company hit a 52-week high of 1,062.00 per person.

At current market prices, Deepak Fertilizers’ dividend yield stands at 0.87%.

Since last year’s Diwali, shares of NSE are up nearly 157%. The stock has been around 401.80 each on Nov. 3, 2021. Notably, the stock also hit a 52-week high of 343.55 each on November 23 of last year.

From a 1-year low, shares of Deepak Fertilizers have soared more than 200% to date.

In fiscal year 22, Deepak Fertilizers paid a total dividend of 90% for 9 per share of equity to its shareholders.

2. Sugars Shree Renuka:

Shree Renuka Sugars is a global agribusiness and bioenergy group. It is one of the largest sugar producers in the world, the leading sugar producer in India and one of the largest sugar refineries in the world.

On October 21, the company’s adjusted share price stood at 58.65 each on NSE. Prior to that, on October 11, the stock hit a 52-week high of 68.75 per person.

During the last Diwali, the inventory was about 26.40 every day on November 3 on NSE. Since then, the stock is up 122.16% to date. Notably, the stock hit a 52-week low of 24.40 each as of November 30 of last year, and compared to this low, the stock is up 140.37% year-to-date.

3. Elgi device:

On the NSE, shares rallied more than 10.5% to end at 491.80 per person on Friday. At the current market price, the company’s dividend yield is about 0.23%.

Last month, Elgi stock hit a 52-week high of 566.60 per person.

However, less inventory 200 per person around 199.85 each as of November 3, 2021. Since then, the stock has risen more than 146%. In a year, the stock is up more than 152% from a 52-week low of 195.10 each recorded on October 25, 2021.

The company is a global leader in providing sustainable compressed air solutions. It designs and manufactures a wide range of innovative and technologically advanced pneumatic solutions for a wide variety of industry applications.

During the fiscal year FY22, the company paid a total dividend of 115% corresponding to 1.15 per share of equity for its shareholders.

4. Bharat dynamics:

On the NSE, the stock closes at 956 respectively increased 3.74% over the same period last year. At the current market price, the company’s dividend yield is about 0.87%.

Last month, the stock even hit a 52-week high of 979.10 per person.

On November 3 of last year, the stock was close to 423.75 each. From this level, the stock is up nearly 127% so far, the stock even hit a 52-week low of 370 each last November, and since then it has grown more than 158% on the NSE to date.

In fiscal year 22, the company paid a total dividend of 83% for 8.3 per share of equity to its shareholders.

Since its founding in 1970, the company has cooperated with DRDO and foreign original equipment manufacturers (OEMs) to produce and supply various missiles and allied equipment to the Armed Forces. India page.

Currently, the company has grown as one of the few industries in the world with modern facilities to manufacture and supply Guided Missiles, Underwater Weapons, Airborne Products and Equipment. Allied defense for Indian Army Forces. The company also provides Product Lifecycle Support and Refurbish/Extend the Life of Classic Rockets.

5. KPIT technology:

KPIT Technologies is a global partner of the automotive and mobility ecosystem to make software-defined vehicles a reality. With over 10,000 automotive users globally specializing in embedded software, AI and digital solutions, KPIT drives customers to deploy next-generation technologies for their future mobility. The company has technical centers in Europe, the United States, Japan, China, Thailand and India.

On the NSE, the stock closes at 711.95 per person on October 21 this year is 0.04% higher. At the current market price, the company’s dividend yield is about 0.44%.

Stocks hit a 52-week high of 801 per person on January 10, 2022.

Last year, on November 3, the stock had about 344.75 per person. Since last year’s Diwali, shares are up nearly 105.6% on the NSE. But from the 52-week low of 300.25 each recorded on October 29, 2021, the stock is up more than 137% to date.

In fiscal year 22, the company paid a total dividend of 31% to 3.1 per share of equity to its shareholders.

Disclaimer: The views and recommendations given above are those of individual analysts or brokerage firms, not those of Mint.

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