5 Nifty Smallcap stocks have emerged as multibaggers since last Diwali

The 50-point benchmark oscillates in a broad range of roughly 3,000 points. Notably, Nifty Midcap index remained resilient with Nifty down just -2% little hat The index suffered a major setback with a fall of -12%.

In its report, Motilal Oswal said, “The driving force behind India’s outperformance was strong corporate revenue Growth of 24% CAGR during FY20-22. Going forward also, Nifty earnings are expected to strengthen at 16% CAGR during FY22-24. Besides, strong domestic inflows stabilized the market, with DIIs inflowing Rs 1.8 lakh crore, offsetting FII outflows of Rs 1.8 lakh crore.

Furthermore, Motilal’s note pointed out that India is largely a domestic consumption-driven economy, and is in a better position relative to the developed world, which is grappling with high inflation-slowing growth challenges.

Motilal is positive on Indian equities from a medium to long term outlook, though intermittent volatility is likely. Within the broader market, action is expected in select niche segments.

Here is a list of five small-cap stocks that have outperformed the Nifty Small Cap 100 and delivered triple-digit returns to investors in less than a year.

1. Deepak Fertilizers and Petrochemicals Corporation:

Deepak Fertilizers is one of India’s leading producers of fertilizers and industrial chemicals. Its product portfolio spans across industrial chemicals, bulk and specialty fertilisers, agricultural diagnostics and solutions, fresh produce, technical ammonium nitrate and value-added real estate, including India’s first and largest revolutionary concept retail destination for home interiors and design. Is.

On NSE, Deepak Fertilizers has adjusted closing price 1,031.05 each on 21 October. On this day, the company reached a new 52-week high 1,062.00 each.

The dividend yield of Deepak Fertilizers is 0.87% at the current market price.

The stock has gained about 157% on the NSE since Diwali last year. stock was around 401.80 each on November 3, 2021. Notably, the stock had also touched a 52-week high of Rs. 343.55 each on November 23 last year.

Compared to its 1-year low, Deepak Fertilizers stock has gained over 200% so far.

In FY22, Deepak Fertilizers paid an overall dividend of 90% 9 per equity share to its shareholders.

2. Shree Renuka Sugars:

Shree Renuka Sugars is a global agribusiness and bio-energy corporation. It is one of the largest sugar producers in the world, the leading producer of sugar in India, and one of the largest sugar refiners in the world.

As on October 21, the company’s adjusted stock price was 58.65 each on NSE. Earlier on October 11, the stock had touched a 52-week high. 68.75 per.

The stock was close last Diwali 26.40 each on NSE on November 3. Since then, the stock has climbed 122.16% so far. Notably, the stock had touched a 52-week low of Rs. Compared to 24.40 each and this low on November 30 last year, the stock has gained 140.37% so far.

3. Algae Equipment:

On NSE, the stock ended with a gain of over 10.5% 491.80 each on Friday. The company’s dividend yield at the current market price is around 0.23%.

Last month, Elgi’s stock touched a 52-week high 566.60 each.

However, stock. was less than approx 200 per 199.85 each on November 3, 2021. Since then, the stock has gained more than 146%. In one year, the stock has jumped more than 152% from its 52-week low 195.10 each which was recorded on October 25, 2021.

The company is a global leader in providing sustainable compressed air solutions. It designs and manufactures a wide range of innovative and technologically advanced compressed air solutions for a variety of industry applications.

In the financial year FY22, the company paid a total dividend of 115% 1.15 per equity share to its shareholders.

4. Bharat Dynamics:

Shares closed on NSE 956 up 3.74% each year. The company’s dividend yield at the current market price is around 0.87%.

Last month, the stock even touched a 52-week high 979.10 each.

The stock was close on November 3 last year 423.75 each. From this level, the stock has gained almost 127% so far, the stock has even touched a 52-week low 370 each in November last year, and since then it has climbed over 158% on the NSE so far.

In FY22, the firm paid an overall dividend of 83% 8.3 per equity share to its shareholders.

Since its inception in 1970, the company has been working in collaboration with DRDO and Foreign Original Equipment Manufacturers (OEMs) to manufacture and supply various missiles and allied equipment to the Indian Armed Forces.

Presently, the company has developed into one of the few industries in the world with state-of-the-art facilities for manufacturing and supplying guided missiles, underwater weapons, aerial products and allied defense equipment for the Indian armed forces. forces. The company also provides product life cycle support and refurbishment/life extension of vintage missiles.

5. KPIT Technologies:

KPIT Technologies is a global partner in the automotive and mobility ecosystem to make software-defined vehicles a reality. With expertise in embedded software, AI and digital solutions with over 10,000 automobilizers worldwide, KPIT accelerates the implementation of next-generation technologies for its customers’ future mobility roadmap. The company has engineering centers in Europe, America, Japan, China, Thailand and India.

Shares closed on NSE 711.95 each is 0.04% higher on October 21 this year. The company’s dividend yield at the current market price is around 0.44%.

The stock had touched a 52-week high 801 each on January 10, 2022.

Last year on Nov 03 the stock was around 344.75 each. The stock has gained about 105.6 per cent on the NSE since last Diwali. But from its 52-week low 300.25 each recorded on October 29, 2021, the stock has gained over 137% so far.

In FY22, the company paid an overall dividend of 31% 3.1 per equity share to its shareholders.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.