Top Five Small-Cap Stocks Which Generated Highest Returns YTD

In line with our previous article, in which we had listed five high risky stocks, here we have come up with five much higher risky stocks. In perspective to throw some light on this, here we have listed top five small cap stocks from S&P BSE Small Cap index which generated highest return year to date.

To arrive at the table, we have used the below mentioned filters:

• We have considered S&P BSE Small-Cap stocks.
• We have considered the stock price performance from January 1, 2014 to April 3, 2014.
• We have sorted the table based on the highest return given by stocks since January 1, 2014.

Newtime Infrastructure : The company was established in the year 1984. It provides services like construction, real estate development, project consultancy and project planning & management. The stock gained 194% Year-to-date. Book value of the stock is Rs 1.46 per share. 

Lifeline Drugs & Pharma : The company was formerly known as Sidhi Holdings & Traders. It is engaged in the business trading in pharmaceutical products. The stock prices gained 129% since January 1, 2014. Book value per share of the company is Rs 3.67. The company has planned to manufacture bulk drugs and intermediates in near future, for which it has acquired land in Maharashtra.  

Amtek Auto : Amtek Auto is one of the largest integrated component manufacturers headquartered in India with truly global manufacturing facilities. It supplies components for passenger cars, light and heavy commercial vehicles, 2/3 wheelers, tractors etc. The company has the book value of Rs 322.74 per share. Backed by export based business, its share price has increased 109% since January 1, 2014.

Parag Shilpa Investments : Established in the year 1982, the company is involved in the business of financial activities, which includes lending, advancing loan to industrial undertakings. In addition it also finances business to carry out construction and building activities. The company’s stock price since January 1, 2014 has increased by 106%. The book value of one share of the company is Rs 10. 

CCL International : CCL International is engaged in the business of steel, non-ferrous metals, manufacturing of insulators made of ceramics, glass and plastic and their products. It also operates in trading business, which relates to purchase and sale of different types of fabrics and fibers, such as yarn, jute, sofa fabrics, cotton fabrics and grey clothes etc. Since January 1, 2014, the stock of the company has gained 94%. Book value of the company is Rs 3.7 per share.