An inclusion of select little-known stocks from the broader space has managed to add spark to investors' portfolios despite the tepid performance of the benchmark equity indices since Diwali last year. Data available with Ace Equity showed that as many as 14 stocks in the smallcap space have soared over 1,000 per cent since November 4, 2021. On the other hand, Sensex and Nifty have plunged nearly 3 per cent during the same period.
At least four penny stocks soared over 10 times despite the ongoing volatility in the domestic equity markets in the ongoing calendar year. Take a look.
Amid the ongoing volatility in the domestic equity market, select little-known stocks from the broader markets have managed to deliver a stupendous return to investors since the beginning of the ongoing calendar year.
Stock of Kaiser Corporation has delivered stellar returns to investors in the last one month. Kaiser Corporation shares closed at Rs 124.35 on April 28, 2022 against Rs 44.95 on March 28, 2022, translating into gains of 176.64 per cent during the period. In comparison, Sensex fell 0.13 per cent during the period.