This year has not been good for those investing in the stock market. Where big companies like Reliance one have disappointed investors. At the same time, many smallcap companies have given strong returns. Let’s know about 5 such smallcap companies that have made investors rich through staggering returns since last Diwali.
1- Deepak Fertilizers
On October 21, the company’s share price had reached a level of Rs 1031.05 on the NSE. It is very close to the 52-week high of Rs 1062. Since last Diwali, the company’s share prices have seen a jump of 157 percent. The price of one share of the company as on 3 November 2021 was Rs 401.80.
2- Renuka Sugar
Renuka Sugar is the largest producer of sugar in India. On October 21, the price of one share of the company was Rs 58.65 on NSE. At the same time, last Diwali, the price of one share of the company was Rs 26.40. Since then, the company’s share prices have seen a jump of 122.16 percent. Let us tell you, on October 11, the company had reached the level of Rs 68.75 on the NSE. This was the highest level of 52 weeks.
3- Elgi Equipments
On Friday, the company’s share price has risen by 10.5 percent to a level of Rs 491.80. Last month, the company’s shares had reached a 52-week high of Rs 566.60. On November 3, 2021, the price of one share of the company was Rs 199.85. Anyone who would have placed the bet then and held till now would have got a return of 146 percent.
4- Bharat Dynamics
On the last trading day of the last week on the NSE, the shares of Bharat Dynamics rose by 3.74 percent to the level of Rs 956. The company’s share prices have seen a jump of 127 percent since last Diwali. Let us tell you, on 3 November 2021, the price of one share of the company was Rs 423.75.
5- KPIT Technology
Since last Diwali, the company’s share prices have seen a jump of 105.60 percent. During this, the price of one share of the company has reached the level of Rs 711 from the level of Rs 344.75. Tell me. The company’s 52-week high is Rs 801.
(Disclaimer: The performance information provided here is not investment advice only. Investing in the stock market is subject to risks and please consult your advisor before investing.)