14 smallcaps zoom up to 217% in 6 months

14 smallcap stocks zoom up to 217% in last 6 months, 6 turn multibaggers.

Key points

• While the Nifty Smallcap 250 bucked the trend, surging almost 15%, in the last six months, the benchmark Nifty 50 fell around 5.5%.
• Almost 70 smallcap stocks gained more than 25% during this period, with the top 14 performers delivering returns ranging from 60% to a staggering 217%.
• Data Patterns (India) rallied 64%, surging from Rs 2, 914 to Rs 4, 774.
• HFCL was the top performer, surging 217% in six months from Rs 71 to Rs 227.

14 smallcap stocks zoom up to 217% in last 6 months, 6 turn multibaggers. Do you own any? Written by Ritesh Presswala.

While the Nifty Smallcap 250 bucked the trend, surging almost 15%, in the last six months, the benchmark Nifty 50 fell around 5.5%. But the broader smallcap index tells only part of the story.

Notably, the real action was among individual stocks. Almost 70 smallcap stocks gained more than 25% during this period, with the top 14 performers delivering returns ranging from 60% to a staggering 217%. Even more striking, six stocks more than doubled investors' wealth in just six months.

While the broader market struggled, these smallcaps delivered a remarkable wealth-creation story. (Data Source: ACE Equity).

HFCL was the top performer, surging 217% in six months from Rs 71 to Rs 227. Welspun Corp rallied 152%, climbing from Rs 784 to Rs 1, 974. Cemindia Projects more than doubled, gaining 115% from Rs 589 to Rs 1, 266. Aditya Infotech jumped 113%, rising from Rs 1, 554 to Rs 3, 304. RR Kabel surged 103%, moving from Rs 1, 425 to Rs 2, 899. Aegis Logistics doubled in value, rallying 100% from Rs 682 to Rs 1, 364. Ather Energy gained 96%, climbing from Rs 734 to Rs 1, 438. Neuland Laboratories advanced 79%, rising from Rs 13, 020 to Rs 23, 290. Syrma SGS Technology gained 78%, moving from Rs 841 to Rs 1, 495. Acme Solar Holdings jumped 66%, rising from Rs 229 to Rs 380.

Finolex Cables gained 64%, climbing from Rs 802 to Rs 1, 314. Data Patterns (India) rallied 64%, surging from Rs 2, 914 to Rs 4, 774. Blue Jet Healthcare advanced 63%, rising from Rs 364 to Rs 592. Chennai Petroleum Corporation gained 61%, moving from Rs 896 to Rs 1, 440.

Taken together, the developments around 14 smallcaps zoom up to 217% in 6 months point to a situation that is still moving, and the coming days should bring more clarity.