15 small cap stocks that doubled and tripled your money in 6 months, is any of them in your portfolio?

Best Performing Smallcap Stocks :The emphasis of smallcap shares continues in the year 2024 as well. Although this year there was mention of midcap stocks and smallcap bubble many times and people felt that this bubble could burst anytime, but investors’ confidence remains on both segments. Talking about smallcaps in particular, the BSE Smallcap Index has gained 25 percent so far in the year 2024. On the other hand, if we talk about different stocks, there are many such stocks which have given 100 percent to 350 percent returns in less than 6 months.

The market rose 8.5% in the year 2024

Talking about this year, the stock market has strengthened by about 8.5 percent (stock market in 2024). Nifty has gained 8.5 percent so far in 2024. At the same time, the Sensex has gained 7.36 percent. During this period, Bank Nifty has gained more than 7 percent. However, the Nifty IT index has declined by about 2 percent during this period. The BSE Midcap index has strengthened by 25 percent. While the BSE Smallcap index has strengthened by 22 percent during this period. The broader market has gained about 15 percent since January 1.

15 Smallcaps with 125-350% returns

Vari Renewable : 362%
Cochin Shipyard : 230%
Transformers and Rectifiers (India): 222%
GE T&D India : 220%
Shakti Pumps : 207%
Azad Engineering : 188%
Moship Technologies : 185%
Jubilant Industries: 159%
Automotive stamps: 147%
Kirloskar Brothers: 136%
Aegis Logistics: 136%
Ganesh Housing : 135%
PTC Industries : 129%
HUDC: 126%
Pre-existing condition : 125%

These small caps also gave double returns

Netweb Technology: 118%
IFCI: 117%
Rail Vikas Nigam : 113%
Sobha: 113%
Hitachi Energy: 111%
Jupiter Wagons : 108%
Kirloskar Oil : 105%
Garden Reach Shipbuilders: 103%
Groffrey Phillips: 103%
NBCC: 102%
HG Infra : 102%
Paras Defense : 101%
India Electricity : 100%

Market regulator had alerted

Seeing the way the smallcap and midcap segments have grown in the recent past, the market regulator had cautioned about both these segments. It was being seen as a smallcap bubble and a midcap bubble. However, investors’ trust in these segments has remained intact, which is evident from the strength of both the indices this year. At the same time, experts say that one should not be surprised at the increasing domestic participation in smallcap. It is supported by the strong fundamentals of smallcap.

(Disclaimer: The returns in the smallcap equity category are shown here, this is not an investment advice. Financial Express does not give any kind of investment advice. There are risks in the market, so take expert advice before investing.)