Top micro-cap stocks that gave multi-bagger returns in October, do you own them?
DSIJ IntelligenceCategories: Mindshare, Trending



Small-cap companies tend to be more volatile than larger companies but they also tend to offer higher growth potential.
Micro-cap stocks are a subset of the equity market that have lower capitalization, in comparison with Large-Cap stocks. They generally have a market capitalization below Rs.1,000 crores but may be more in some cases. The purpose of micro-cap stocks is to provide investors with an opportunity of higher returns in the market that may not be achieved in large-cap stocks. Small-Cap companies tend to be more volatile than larger companies but they also tend to offer higher growth potential.
In this market rally, the shares K&R Rail Engineering Ltd. rose from 26.15 per share on October 7, to 90.30 per share on November 7, delivering a stellar return of 230 per cent in just one month. The stock has been making a new 52 week high from October 14. While the Sensex and Nifty50 has just climbed by 5.5 and 5.58 per cent respectively.
Following are the best Micro-Cap Stocks that outperformed in October:
|
Company Name |
Sector |
Market Cap |
LTP(Rs) |
Returns (%) |
|
Infrastructure |
142.49 |
90.3 |
168.83 |
|
|
Trading |
52.04 |
301.55 |
140.07 |
|
|
FMCG |
17.08 |
38.45 |
139.67 |
|
|
Trading |
259.42 |
203.5 |
139.46 |
|
|
Hospitality |
102.04 |
334.2 |
138.14 |
|
|
Iron & Steel |
81.06 |
74.4 |
137.92 |
|
|
FMCG |
23.58 |
54.1 |
136.11 |
|
|
Textile |
66.65 |
114.7 |
136.09 |
|
|
Capital Goods |
183.22 |
300.75 |
134.18 |
|
|
Textile |
27.65 |
31.6 |
131.07 |