Smallcap Shock: 10 stocks crashed up to 45% in CY26 so far. Are you holding any?
By Ritesh Presswala, ETMarkets.com |
1/15
Market Divergence
So far in CY26, markets have shown a clear split in performance. The benchmark Sensex has declined nearly 9%, while the BSE 250 Smallcap index has been relatively resilient, slipping less than 1%. However, beneath this surface stability in smallcaps lies significant divergence. Around 150 smallcap stocks have already posted negative returns in just the first four months of the year. Within this group, we highlight 10 names that have been hit particularly hard, falling between 30% and 45% during the period.
At the same time, the market hasn’t been uniformly weak. A select set of stocks have delivered strong momentum, with names such as Gallantt Ispat, Schneider Electric Infrastructure, and Data Patterns (India) surging more than 50%, standing out as clear outperformers in an otherwise uneven year. (Data source: ACE Equity)
At the same time, the market hasn’t been uniformly weak. A select set of stocks have delivered strong momentum, with names such as Gallantt Ispat, Schneider Electric Infrastructure, and Data Patterns (India) surging more than 50%, standing out as clear outperformers in an otherwise uneven year. (Data source: ACE Equity)
2/15
CE Info Systems
So far in CY26 (less than four months), the stock has declined by 45%, moving from Rs 1,725 to Rs 948.
3/15
Newgen Software Technologies
In CY26 to date, the stock is down 43% in under four months, falling from Rs 844 to Rs 478.
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4/15
eClerx Services
In the current CY26 period so far, the stock has slipped 37%, decreasing from Rs 2,344 to Rs 1,485.
5/15
Latent View Analytics
As of CY26 so far, the stock is down 35% in less than four months, moving from Rs 458 to Rs 299.
6/15
Syngene International
In CY26 year-to-date, the stock has declined 34%, dropping from Rs 651 to Rs 428.
7/15
Firstsource Solutions
So far in CY26, the stock has fallen 33% in under four months, from Rs 336 to Rs 225.
8/15
Sapphire Foods India
In CY26 to date, the stock is down 33%, slipping from Rs 257 to Rs 173.
9/15
IIFL Finance
In CY26 so far, the stock has declined 31% in less than four months, moving from Rs 611 to Rs 420.
10/15
Cohance Lifesciences
As of CY26 year-to-date, the stock has fallen 31%, from Rs 529 to Rs 364.
11/15
Intellect Design Arena
In CY26 so far, the stock is down 28%, decreasing from Rs 971 to Rs 702.
12/15
Swan Corp
In the CY26 period so far, the stock has slipped 27%, moving from Rs 469 to Rs 341.
13/15
Sonata Software
So far in CY26, the stock is down 27% in under four months, from Rs 360 to Rs 265.
14/15
Devyani International
In CY26 to date, the stock has declined 26%, falling from Rs 148 to Rs 110.
15/15
TBO Tek
As of CY26 so far, the stock is down 25%, dropping from Rs 1,663 to Rs 1,243.
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