The Indian economy has gone awry due to the Corona epidemic. Despite this, some smallcap companies have done better, which has benefited those who invested in it.
Investing in stocks
Even though the economy continues to fluctuate during the Corona period, some smallcap shares have performed tremendously even in this difficult time. Because of which investors investing money in these stocks have made good profits. According to market analysts, within the last four to four and a half months, there has been such a sharp jump in some stocks that it has given up to 365 per cent returns.
According to experts, this year the Midcap index has given 15.90 percent and the Smallcap index has given more than 24 percent. On the BSE, the PSU index has given 23 per cent and the metal index has given 74 per cent. The Pharma Index also saw a 10 per cent rise this year. So which stocks have given strong returns to investors, let us see the complete list.
Smallcap shares Majesco saw a very strong boom this year.
The price of this share has increased from Rs 16 to Rs 72. It saw a rise of 56 rupees. Its 52-week high has been Rs 122.70. So this stock has given about 365 percent return so far.
Another smallcap Magma Fincorp also saw a lot of momentum this year. The share price has increased from Rs. 40 to Rs. 134. Its 52-week high has been Rs 148 and low is Rs 12.70. So far, this stock has given a return of about 235 per cent.
Tata Steel has also performed well in the Corona era. So far this year, it has given around 157 per cent returns. The share price has increased from Rs. 40 to Rs. 102. Therefore, it has gained Rs 62.
Those who have invested in Smallcap Subax have also benefited this year. The share price has increased from Rs 28 to Rs 61. The 52-week high of the stock is 65 rupees and low 4 rupees. So far, this stock has given a return of about 116 per cent.
Mangalore Chemical has also given about 106 per cent returns so far. It has gained Rs 46 in the stock. The price of this stock has increased from Rs 44 to Rs 90.
Disclaimer : The shares mentioned in the article are written on the basis of information and market data given by the experts. Before investing money in any stock, take the opinion of experts.
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