Recap FY24 – Winners and losers in the small cap club indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
The smallcap stocks have been under pressure over the past month after the market regulator warned about the frothy valuations in the segment. During the period, the smallcap quality index was still able to beat the broader smallcap index by 77 basis points vindicating the historical trend that the market continues to reward high-quality companies.
The analysis of BSE500 index suggests that 20 stocks were able to triple investors wealth or better to say delivered up to 200 per cent returns to the investors.
At least 53 smallcaps from the pack of 250 smallcap index constituents have gained more than 10 percent since March 13, and as many as 113 stocks have recovered more than 5 percent