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129 smallcap stocks rally over 40% in three months

Since September 7, the BSE Small-cap index has rallied 11% compared to 8% rise in the BSE Mid-cap index and 2.6% fall in the Sensex

SI Reporter  |  Mumbai 

129 smallcap stocks rallied over 40% in three months

Shares of small-sized companies are on investors radar, with 129 stocks from the S&P BSE index rallying more than 40% in past three months.

10 stocks - SpiceJet, Godfrey Phillips India, Morepen Laboratories, RPG Lifesciences, Lanco Infratech, Dhampur Sugar Mills, TRF, Grauer & Weil, Kellton Tech Solutions and Balaji Telefilms - have become multi-baggers by appreciating more than 100% after reporting a strong set of numbers for the quarter ended September 30, 2015.

At 01:20 PM, the S&P BSE index was up 0.30% at 11,592 as compared to 0.38% decline in the S&P BSE Sensex.

Since September 7, 2015, the index gained 11% against 8% rise in the S&P BSE Midcap index and 2.6% fall in the benchmark index. 

Out of 769 stocks from the index, as many as 430 outperformed the index by gaining more than 12% during the period.

These 430 companies had posted an average 41% year-on-year (YoY) growth in their aggregate net profit in September quarter. Meanwhile, the combined net profit of 762 companies declined 1.5% on YoY basis.

Shares of the two aviation companies - (up 205% at Rs 68.65) and Jet Airways (89% at Rs 569) have surged more than 80% since September 7, after these companies recorded turnaround results during the quarter due to fall in prices of air turbine fuel (ATF).

"is at least partly driven by lower fuel costs (plus positive sentiment about turnaround). A large proportion of the turnaround benefits are already priced into the stock and the upside might not be too much from here. RPG Life and Balaji could both have significant upsides, said Devangshu Datta, Independent Technical Analyst and Market Expert.

rallied 140% from Rs 11.96 to Rs 28.70 on Friday. The pharmaceutical company reported an over 10-fold jump in net profit at Rs 3.22 crore for Q2FY16, on back improvement in sales revenues. The company said its cash surplus (EBDA) has also shown a significant rise of 49% YoY at Rs 12.74 crore against Rs 8.52 crore in a year ago quarter.

“Our cost reduction efforts coupled with continuous investments in R&D yielded rich dividends for the company as it attained a strong hold in the international markets, which eventually reflected positively on financial front in the current fiscal,” said in a statement.

Lanco Infratech, too, has surged 126% from Rs 2.77 to Rs 6.27 during the period. The company engaged in electric utilities business announced the commencement of power supply to Haryana Discoms from its coal-based 300 Mw unit 2 of Lanco Amarkantak Project in Chattisgarh on Monday.

In general, small caps rally when there are retail investors actively participating in the market. There are some studies that suggest that overall small cap performance is usually better than large-cap. However the risks are large for an investor with a focus on small caps, said

These stocks can go illiquid, the financials are often not well validated, there is little research to back up the investor. I don't have top picks as such - take a good look at the best performers (in terms of returns) in the small cap segment, and remain aware of the greater risks of investing in this segment. Ideally you need to filter stocks for liquidity as well as fundamentals in the small cap segment, he adds. CLICK HERE TO READ FULL CHAT.

  Price on BSE (Rs)   Net profit/loss (Rs crore)
Company 07 Sep,15 04 Dec,15 % chg Q2FY15 Q2FY16
SpiceJet 22.50 68.65 205.1 -310.00 24.00
Godfrey Phillips 557.90 1629.40 192.1 32.00 50.00
Morepen Labs. 11.96 28.70 140.0 0.31 3.00
RPG LifeScience. 150.20 341.60 127.4 -7.00 3.00
Lanco Infratech 2.77 6.27 126.4 -621.09 97.32
Dhampur Sugar 28.15 62.35 121.5 -59.41 -7.04
TRF 195.60 426.50 118.0 -9.28 4.14
Grauer & Weil 15.70 33.90 115.9 9.00 14.00
Kellton Tech 68.20 138.30 102.8 3.13 9.57
Balaji Telefilms 70.55 141.40 100.4 -7.58 7.29
Arshiya 25.35 50.60 99.6 -110.95 -85.74
HCL Infosystems 32.05 62.85 96.1 -61.39 -53.04
NELCO 55.05 107.80 95.8 -0.61 -0.38
Tanla Solutions 23.30 45.50 95.3 -1.85 4.10
Cosmo Films 139.40 271.20 94.5 4.55 21.28
Take Solutions 104.80 201.75 92.5 13.40 25.05
Jet Airways 300.85 568.90 89.1 -235.00 133.00
SRS 13.30 25.00 88.0 16.00 17.29
Arrow Coated 398.90 747.00 87.3 2.00 3.00
Rattanindia Pow. 6.18 11.50 86.1 -158.41 -125.52
SMS Pharma. 527.25 967.00 83.4 5.00 10.00
Kwality 68.00 124.70 83.4 37.00 38.00
Asian Granito 88.90 162.90 83.2 4.00 5.00
Gayatri Projects 403.50 737.25 82.7 1.00 7.00
Trident 32.60 59.25 81.7 21.00 51.00
Minda Inds. 491.25 886.75 80.5 12.44 26.06
Kopran 43.20 77.85 80.2 3.00 2.83
Virtual Global 5.00 8.98 79.6 0.00 1.00
Intellect Design 158.45 283.75 79.1 -17.46 -7.95
OnMobile Global 75.35 132.70 76.1 -1.21 1.26
Electrosteel St. 2.12 3.73 75.9 -99.00 -201.00
Sh.Renuka Sugar 7.37 12.77 73.3 -83.00 -233.00
Ajmera Realty 92.85 160.80 73.2 1.12 6.07
Sasken Comm.Tec. 230.60 399.30 73.2 7.21 10.55
Alphageo (India) 382.90 661.75 72.8 -1.70 -4.40
Jyoti Structures 10.97 18.95 72.7 -69.00 -157.00
Genus Power 26.80 45.80 70.9 15.00 22.00
Balrampur Chini 44.55 74.50 67.2 -64.00 -14.00
GP Petroleums 42.00 70.10 66.9 1.00 2.00
Vimta Labs 64.00 106.80 66.9 1.00 2.00
Lloyd Electric 181.90 301.80 65.9 4.00 10.00
Triven.Engg.Ind. 23.35 38.50 64.9 -27.89 22.17
Kanoria Chem. 42.90 70.55 64.5 2.00 5.00
KRBL 144.30 236.80 64.1 84.71 79.95
Nectar Lifesci. 35.10 57.55 64.0 16.00 17.00
Force Motors 1967.35 3219.50 63.6 26.00 42.00
Deep Industries 122.40 200.20 63.6 5.00 8.00
Amtek Auto 29.10 47.55 63.4 74.00 -158.00
KPIT Tech. 99.55 162.35 63.1 70.55 75.09
Technocraf.Inds. 152.30 245.20 61.0 17.00 22.00
Zen Technologies 65.60 105.45 60.7 -6.00 -2.00
Country Club Hos 8.80 14.10 60.2 6.20 6.50
Fedders Lloyd 64.90 103.85 60.0 10.00 14.00
RattanIndia Infr 2.02 3.23 59.9 1.00 0.00
Metalyst Forg. 41.60 66.25 59.3 44.00 -18.00
Munjal Auto Inds 69.20 110.05 59.0 11.00 4.00
BS 23.00 36.55 58.9 15.66 20.72
Firstsour.Solu. 26.85 42.65 58.8 61.24 61.85
JMT Auto 60.40 95.85 58.7 2.00 3.00
Bodal Chemicals 28.35 44.85 58.2 18.00 23.00
IFB Agro Inds. 263.00 415.90 58.1 8.00 7.00
Navin Fluo.Intl. 1179.75 1863.75 58.0 10.00 23.00
Future Consumer 14.50 22.85 57.6 -14.41 -31.74
Lumax Auto Tech. 227.70 357.40 57.0 8.62 10.43
M T N L 14.80 23.20 56.8 -834.00 -730.00
Globus Spirits 51.15 79.80 56.0 1.00 1.00
Madhucon Proj. 51.25 79.65 55.4 10.00 4.00
Mah. Scooters 950.75 1476.50 55.3 48.00 49.00
Vakrangee 107.45 166.70 55.1 80.07 96.17
H F C L 12.28 19.05 55.1 69.00 71.00
Vivimed Labs. 273.20 421.70 54.4 16.41 23.88
Cressanda Solns. 1.92 2.95 53.6 0.00 0.00
ION Exchange 229.20 351.20 53.2 4.00 6.00
EMCO 20.40 31.15 52.7 1.00 -7.00
Control Print 306.40 467.60 52.6 5.00 7.00
Bharat Bijlee 528.00 800.50 51.6 -10.00 1.00
Vaibhav Global 377.90 572.20 51.4 24.93 12.11
Hikal 100.50 152.00 51.2 15.00 5.00
8K Miles 1256.75 1894.00 50.7 4.15 8.74
3i Infotech 2.88 4.34 50.7 -88.33 -92.31
Oricon Enter. 39.95 60.20 50.7 7.26 0.58
Shalimar Paints 96.70 145.70 50.7 -2.00 1.00
Stampede Cap. 334.20 501.80 50.1 2.58 14.71
High Ground 60.40 90.65 50.1 2.00 6.00
Transport Corp. 212.70 318.90 49.9 21.00 23.00
Ashapura Minech. 43.60 65.35 49.9 50.72 45.24
Rajesh Exports 461.10 691.05 49.9 159.77 279.84
Vipul Ltd 40.20 59.95 49.1 -4.00 0.00
Essar Ports 87.00 129.70 49.1 96.10 104.53
Saurashtra Cem. 47.60 70.90 48.9 2.00 10.00
Kohinoor Foods 36.80 54.80 48.9 5.00 9.00
Parsvnath Devl. 18.10 26.95 48.9 12.65 -24.64
Man Infra 30.80 45.80 48.7 22.82 -0.72
Infinite Comp 148.70 220.20 48.1 27.42 27.17
Mahindra Holiday 286.75 422.75 47.4 25.00 29.00
IFCI 19.15 28.20 47.3 174.00 183.00
NIIT 65.50 96.40 47.2 10.30 20.80
EID Parry 128.15 188.25 46.9 36.25 -29.94
NOCIL 38.00 55.65 46.4 13.00 18.00
Future Retail 106.95 156.45 46.3 -8.00 14.00
Hind.Construct. 17.95 26.20 46.0 7.00 9.00
Titagarh Wagons 96.40 140.70 46.0 4.93 -4.44
Lycos Internet 21.15 30.85 45.9 82.48 105.16
Sunil Hitech 213.20 310.50 45.6 7.00 11.00
ITI 22.05 32.05 45.4 -110.00 -34.00
Fiem Inds. 482.75 701.50 45.3 11.00 13.00
Jubilant Life 304.60 441.70 45.0 -85.82 114.09
Sanghi Inds. 45.25 65.40 44.5 2.00 2.00
TajGVK Hotels 68.25 98.35 44.1 0.00 -1.00
IVRCL 6.94 10.00 44.1 -230.00 -327.00
Mirza Internatio 92.70 133.50 44.0 14.00 16.00
Zee Media 17.20 24.75 43.9 -11.53 -10.83
Manali Petrochem 23.60 33.90 43.6 13.00 17.00
Datamatics Glob. 45.80 65.55 43.1 12.22 4.52
Maxwell Inds. 43.40 61.95 42.7 1.00 -6.00
Granules India 110.55 157.45 42.4 22.08 30.98
JMC Projects 176.60 251.10 42.2 4.00 10.00
Orient Green 10.41 14.79 42.1 1.97 4.33
Garware-Wall Rop 279.70 395.70 41.5 11.00 15.00
Heritage Foods 362.90 513.00 41.4 4.83 15.29
Jindal Poly Film 362.20 511.90 41.3 72.16 76.48
Ujaas Energy 14.41 20.35 41.2 2.00 3.00
Welspun Syntex 97.80 138.10 41.2 13.00 13.00
Astra Microwave 104.60 147.65 41.2 24.00 18.00
NCC 55.20 77.80 40.9 -3.16 41.20
Singer India 158.50 223.30 40.9 1.00 2.00
Bajaj Hindusthan 13.16 18.50 40.6 -135.00 -280.00
SQS India BFSI 678.50 953.75 40.6 7.10 10.20
Sequent Scien. 811.25 1135.75 40.0 -21.58 2.32

 

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