These small-cap stocks jumped up to 283 per cent when BSE Sensex slipped 15 per cent; do you own them?
DSIJ IntelligenceCategories: Mindshare, Trending

BSE Sensex tanked over 15 per cent since it made an all-time high in October. BSE Smallcap index, in the meantime, plunged 15 per cent; thus, performing in line with the key benchmark index.
BSE Sensex tanked over 15 per cent since it made an all-time high in October. BSE Smallcap index, in the meantime, plunged 15 per cent; thus, performing in line with the key benchmark index.
While the current market meltdown can be termed as one of the longest ones (almost 8 months), the time correction and price correction have not been able to demoralise the Indian investors with a penchant for small-caps.
Even as the markets slipped, there are many small-caps that managed to deliver double-digit returns during the same time. We find that at least 171 small-cap stocks have managed to deliver double-digit returns since October 2021 when BSE Sensex slipped 15 per cent.
Here is the list of outperforming small-cap stocks that gained up to 283 per cent when markets tumbled in the past eight months:
| Company Name | Sector | Latest Market Cap (Rs crore) | Returns from October 19, 2021 to June 14, 2022) |
| Mirza International Ltd | FMCG | 2,868.70 | 283.05 |
| Jindal Worldwide Ltd | Textile | 5,371.94 | 137.71 |
| Tata Teleservices (Maharashtra) Ltd | Telecom | 25,707.30 | 136.51 |
| Chennai Petroleum Corporation Ltd | Crude Oil | 4,736.13 | 130.22 |
| Gokul Agro Resources Ltd | Agri | 1,399.96 | 126.77 |
| Sharda Cropchem Ltd | Chemicals | 5,914.40 | 108.54 |
| Vishnu Chemicals Ltd | Chemicals | 1,696.33 | 102.84 |
| Elgi Equipments Ltd | Capital Goods | 12,883.94 | 100.22 |
| Mangalore Refinery And Petrochemicals Ltd | Crude Oil | 17,280.62 | 90.16 |
| Gujarat Mineral Development Corporation Ltd | Mining | 4,494.93 | 88.97 |
| Raymond Ltd | Textile | 5,825.20 | 87.45 |
| Cantabil Retail India Ltd | Textile | 1,844.20 | 86.66 |
| Bharat Dynamics Ltd | Capital Goods | 14,360.09 | 82.63 |
| PG Electroplast Ltd | Consumer Durables | 1,936.34 | 81.95 |
| Steel Exchange India Ltd | Iron & Steel | 1,227.41 | 81.45 |
| GRM Overseas Ltd | FMCG | 2,096.70 | 80.83 |
| BLS International Services Ltd | Miscellaneous | 4,280.36 | 78.74 |
| Swan Energy Ltd | Textile | 6,154.54 | 78.15 |
| Orient Bell Ltd | Construction Materials | 912.49 | 77.58 |
| Vadilal Industries Ltd | FMCG | 1,400.51 | 77.54 |