Suzlon, Rolta zoom 50% since February. Is the tide turning for small-caps?

Of late, a lot of analysts have turned positive on the broader market after both the indices -- S&P BSE Small-cap and S&P BSE Midcap-- bled heavily during the last year.

The S&P BSE Small-cap index has recovered over 11 per cent till Wednesday, after hitting a 52-week low of 13,099.46 in the intra-day trade on February 18. 

During this period, five stocks from the index have soared over 50 per cent. Suzlon Energy tops the list with a 115 per cent gain, followed by Punj Lloyd (up 58.45 per cent), Rolta India (up 57.37 per cent), GVK Power (up 53.38 per cent) and Tejas Networks (up 53.12 per cent). 

Other stocks which have gained significantly include Shivam Autotech, BF Investment, Religare Enterprises, Uttam Sugar Mills and Jaypee Infratech - all