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SmallCap index hits new high; Surya Roshni, Brightcom up over 50% in 1 mth

In the past one month, the S&P BSE Smallcap index has gained 4.8 per cent, as against a 4.6 per cent rise in the S&P BSE Midcap index and a 2.1 per cent rise in the S&P BSE Sensex

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Illustration by binay sinha

SI Reporter Mumbai
Shares of smallcap companies were on a roll on Monday as the S&P BSE SmallCap index outperformed the benchmark indices. The index was up 1.4 per cent at 28,618 points and hit a new high on the BSE after a strong rally in sugar, textiles, chemicals and iron & steel products stocks. In comparison, the S&P BSE Sensex and the S&P BSE Midcap index were up 1 per cent each at 11:43 am.

Among individual stocks, DCM Shriram, Balrampur Chini Mills, Triveni Engineering, Dalmia Bharat Sugar and Industries (DBSIL) and Uttam Sugar Mills gained up to 15 per cent