FIIs betting on 8 smallcaps for 4 quarters; stocks surge 180-380% in a year
By Ritesh Presswala, ETMarkets.com |
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Moneymakers!
Keeping an eye on what big investors do can really help regular investors, especially because those big investors often put a lot of money into something after doing a lot of research. According to a study by ETMarkets, foreign institutional investors (FIIs) have consistently increased their stakes in 81 small-cap stocks listed on the BSE during the past four quarters (from December 2022 to September 2023).
Our analysis demonstrates that among these 81 stocks, 66 have yielded double-digit returns over the past year. It's important to mention that 21 stocks from this list have seen a significant boost in their value, becoming "multibaggers" within a year, and we've highlighted 8 stocks that have risen by over 180% in the same time. (Data Source: ACE Equity).
Our analysis demonstrates that among these 81 stocks, 66 have yielded double-digit returns over the past year. It's important to mention that 21 stocks from this list have seen a significant boost in their value, becoming "multibaggers" within a year, and we've highlighted 8 stocks that have risen by over 180% in the same time. (Data Source: ACE Equity).
2/9
Titagarh Railsystems | 1-Year Price Return: 387%
Previous Close: Rs 769 | 52-week high: Rs 867
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Jindal Stainless | 1-Year Price Return: 242%
Previous Close: Rs 453 | 52-week high: Rs 541
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Prakash Industries | 1-Year Price Return: 241%
Previous Close: Rs 175 | 52-week high: Rs 203
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Ashapura Minechem | 1-Year Price Return: 230%
Previous Close: Rs 300 | 52-week high: Rs 344
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Sanghvi Movers | 1-Year Price Return: 202%
Previous Close: Rs 666 | 52-week high: Rs 799
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Ion Exchange (India) | 1-Year Price Return: 187%
Previous Close: Rs 577 | 52-week high: Rs 688
8/9
Linc | 1-Year Price Return: 186%
Previous Close: Rs 792 | 52-week high: Rs 884
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Force Motors | 1-Year Price Return: 183%
Previous Close: Rs 3525 | 52-week high: Rs 4174