These small caps rocked investors world in 2021 so far
DSIJ IntelligenceCategories: DSIJ News, Trending



Retail investors have always taken a liking for small-cap investing. The small-cap universe has not disappointed all those betting on tiny treasures listed on the bourses.
Retail investors have always taken a liking for small-cap investing. The small-cap universe has not disappointed all those betting on tiny treasures listed on the bourses.
The small-cap index is up by 29.4 per cent on a YTD basis while in comparison, Sensex is up by only 6.01 per cent. The outperformance in the small-cap space can be seen clearly. The reason behind this is that the valuations are yet to reach their peak levels for small-caps even when Sensex is trading precariously close to its all-time highs. Also, there are plenty of opportunities in the small-cap space for seasoned stock pickers. The earnings have been outstanding for more than a dozen small-cap players, which is encouraging investors to bet big on them.
Some of the small-caps have turned out to be multibaggers in 2021 already with Majesco Limited topping the list of the best small-cap performer of the year so far. Majesco gained 372 per cent while Adani Total Gas was not far behind as it clocked gains of 251 per cent.
Here is a list of the top small-cap gainers in 2021, so far:
|
Company name |
Latest market cap (Rs crore) |
YTD returns (per cent) |
|
Majesco Ltd |
219.02 |
372.22 |
|
Adani Total Gas Ltd |
1,45,444.38 |
251.16 |
|
Magma Fincorp Ltd |
10,221.01 |
226.98 |
|
Balaji Amines Ltd |
9,375.07 |
208.49 |
|
Saregama India Ltd |
4,255.57 |
193.61 |
|
Hindustan Copper Ltd |
16,507.10 |
175.1 |
|
Praj Industries Ltd |
6,049.32 |
174.65 |
|
Graphite India Ltd |
15,480.59 |
158.47 |
|
HEG Ltd |
9,256.55 |
153.95 |
|
Salasar Techno Engineering Ltd |
862.33 |
150.95 |