These top performing mid-caps & small-caps jumped up to 35 per cent in last one week

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These top performing mid-caps & small-caps jumped up to 35 per cent in last one week

When the stock markets had tumbled last week, the small-cap & mid-cap stocks were strongly affected. Despite that, some managed to stage a positive recovery.  

When the stock markets had tumbled last week, the small-cap & mid-cap stocks were strongly affected. Despite that, some managed to stage a positive recovery.  

Mid-cap and small-cap stocks were being favoured by many investors since the COVID-19 market crash. Analysts believe that the broader markets, which underperformed large-caps in the last few years, could again continue to see a positive trend. In the broader markets, IT, FMCG, and healthcare stocks have been among investors’ favourites.   

Though, compared to the previous months, the general euphoria in the broader markets seems to have cooled down as investors now consider a stock-specific approach to aim for cheap stocks with a strong financial performance and improved order books.  

In the last one week, BSE Small-Cap index gained by 5.62 per cent while BSE Mid-Cap index rose by 4.53 per cent.  

A list of the top-performing mid-cap stocks: 

Company Name  

Sector  

Returns (per cent)*  

Whirlpool of India Ltd  

Consumer durables  

16.66  

Honeywell Automation India Ltd

Consumer Durables  

12.48  

Mphasis Ltd

IT  

11.41  

Canara Bank  

Bank  

10.39  

Adani Enterprises Ltd

Trading  

10.17  

*Since December 21, 2020.  

 

List of the top-performing small-cap stocks are:  

Company Name  

Sector  

Returns (per cent)*  

Borosil Renewables Ltd 

Construction Materials  

35.92  

India Tourism Development Corporation Ltd 

Hospitality  

28.76  

Firstsource Solutions Ltd 

IT  

28.26  

Hindustan Foods Ltd 

FMCG  

25.67  

Birlasoft Ltd 

IT  

25.65  

*Since December 21, 2020.