8 smallcap stocks that touched 52-week high this week, give up to 37% returns
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Friday's market surge lifted the weak indices, ending the week on a positive note. Easing food inflation, A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform. Additionally, the expectation of an increase in US spending is propelling the IT sector. Amid a highly volatile week, certain smallcap stocks hit their 52-week high, giving returns of up to 37% on a week-on-week (WoW) basis. Here is a list of 8 smallcap stocks among the lot, according to Ace Equity: Centum Electronics The stock hit its 52-week high of Rs 2,381.20 on the BSE this week, giving 36.8% returns in the said time period. Sunflag Iron And Steel Company The shares of Sunflag Iron And Steel Company hit a 52-week high of Rs 280 in this week. The week-on-week return stood at 27%. Gokaldas Exports Gokaldas Exports shares hit a 52-week high of Rs 1,210, gaining 23.4% WoW. Greaves...