As market fell from peak, these 29 smallcaps defied gravity to deliver up to 118% return
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Indian markets have corrected over 10% from their late-September highs, and while there are mixed opinions on the likelihood of a rebound, a select few small-cap stocks have defied the negative trend, delivering impressive returns to investors over the past two months. Around 29 stocks in the smallcap space gained 25% or more at a time when the BSE smallcap index has fallen nearly 14% from its peak. JSW Holdings saw a multibagger surge of 118%, followed by Nalwa Sons Investments, whose shares rallied 70% during this period. Some other stocks which shined in the downtrend include Raghav Productivity, Siyaram Silk Mills, Timex Group, Indo Tech Transformers, Pix Transmission, Precision Camshafts, WPIL, Innova Captab, Ganesh Housing Corp, Avalon Technologies, Ganesha Ecosphere, SJS Enterprises and Neuland Labs. The broader market correction has been influenced by global economic uncertainties, inflationary pressures, and geopolitical tensions...