These small caps rocked investors world in 2021 so far

DSIJ IntelligenceCategories: DSIJ News, Trendingjoin us on whatsappfollow us on googleprefered on google

These small caps rocked investors world in 2021 so far

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