25 small companies gave more than 100% return in 6 months
The Indian stock market has been breaking new records, but the real earnings are being made by investors in smaller companies. In the last week alone, 68 small cap companies have given more than 10% returns, with 17 companies giving 20% and 8 companies giving more than 25% returns. What's more, over 25 companies have gained more than 100% in just 6 months. Small cap companies are those with a market capitalization of less than Rs 5000 crore.
Market expert Prakash Divan believes that small cap companies still have the potential to boom. While the larger companies have already seen significant growth, smaller companies are still undervalued and have room for growth. This presents a great opportunity for investors to make significant returns.