10 smallcap stocks surge up to 65% in 3 months despite market weakness
Over the past three months, the Nifty 50 has declined nearly 4%, while the Nifty Smallcap 350 index has shed around 2.5%, reflecting weakness across the broader market. However, the correction has not dampened the momentum in every corner of the small-cap space. Several stocks from the Nifty Smallcap 250 index have defied the broader trend, delivering impressive gains despite market volatility.…
In the span of three months, despite the broader market downturn, a handful of small-cap stocks have defied the odds and delivered significant gains. The Nifty Smallcap 350 index has dropped around 2.5% over the same period, while the Nifty 50 has declined nearly 4%. However, this has not deterred some small-cap stocks from surging.
Among the 10 stocks that have seen impressive gains, Cupid has led the pack with a 66% increase, rising from Rs 213 to Rs 353. Sterlite Technologies has also performed well, with a 60% gain, pushing its shares from Rs 542 to Rs 867. Welspun Corp is another standout, with a 53% increase, taking its price from Rs 1,680 to Rs 2,569.
PTC Industries has climbed 41% in the three months, moving from Rs 17,531 to Rs 24,673. PVR Inox has experienced a 39% surge, increasing its price from Rs 1,006 to Rs 1,400. Cyient has advanced 39% as well, growing from Rs 859 to Rs 1,195. Redington has also jumped 39%, going from Rs 276 to Rs 384.
Welspun Living has climbed 33% over the same period, rising from Rs 165 to Rs 219. TD Power Systems has gained 30% in the past three months, moving from Rs 564 to Rs 735. Finolex Cables has also rallied 30%, with its price increasing from Rs 1,048 to Rs 1,366.
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