Top micro-cap stocks that gave multi-bagger returns in October, do you own them?

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Top micro-cap stocks that gave multi-bagger returns in October, do you own them?

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 (%) 

K&R Rail Engineering

Infrastructure 

142.49 

90.3 

168.83 

Sarda Proteins

Trading 

52.04 

301.55 

140.07 

Welterman International 

FMCG 

17.08 

38.45 

139.67 

Alstone Textiles (India) 

Trading 

259.42 

203.5 

139.46 

West Leisure Resorts 

Hospitality 

102.04 

334.2 

138.14 

Narayani Steels

Iron & Steel 

81.06 

74.4 

137.92 

RT Exports

FMCG 

23.58 

54.1 

136.11 

Kakatiya Textiles

Textile 

66.65 

114.7 

136.09 

RMC Switchgears

Capital Goods 

183.22 

300.75 

134.18 

Eureka Industries

Textile 

27.65 

31.6 

131.07