In the first five months (April to August) of FY25, the smallcap index has surged 30.7 per cent (38 per cent in FY24). The midcap index has rallied 24.9 per cent (30 per cent in FY24), compared to an 11.1 per cent rise in the benchmark index.
The BSE Smallcap and Midcap (SMC) hit a fresh record high on the BSE in Wednesday's intraday trade.
Nearly 420 stocks, or 42 per cent of the 995 scrips that comprise the smallcap index, have outperformed by rising over 30 per cent in FY25, according to data. A total of 48 smallcap stocks have doubled in value, meaning they gave a return of 100 per cent or more.
Four stocks - Balu Forge Industries, Shakti Pumps (India), GMR Power and Urban Infra and PG - I have grown between 200 per cent and 300 per cent in FY25.
Bu hikaye Business Standard dergisinin August 29, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin August 29, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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