These five small-cap stocks may rally up to 45% in the medium-term

CDSL and NBCC have doubled so far this year, while Trident and JK Lakshmi Cement have gained 91 per cent each during the same period

The investor interest in the smallcap space continues to be strong, reflects the recent movement in the BSE Smallcap index. The index, which scaled a fresh all-time high of 26,167.95 earlier on Monday, has managed to outperform the benchmark S&P BSE Sensex with a rally of 44 per cent in the current calendar year, as against a rise of 11 per cent in the index.

While analysts believe the outlook for the broader market is likely to be good going forward, they believe investors must temper their returns expectations as a repeat of last year’s rally is unlikely in the