42 smallcap stocks offer double-digit returns in wobbly market week
foreign investors, muted second quarter earnings expectations, and elevated valuations acted as headwinds for the market during the week as benchmark indices ended in the red.
But, even in a muted market, 42 smallcap stocks have delivered double-digit weekly returns with five of them offering over 25% returns.
Nalwa Sons Investment was the top gainer from the smallcap pack with nearly 43% returns, followed by Precision Camshaft (29%), Motilal Oswal (27%), and Renaissance Global (26.4%).
About four stocks, including Kalyani Investment, Info Tech Transform, Filatex Fashions, Sanghvi Motors have offered returns between 20-25% during the week.
In the midcap segment, none of the stocks gained in double digits, but HPCL and Mphasis rallied the most. While the former jumped about 9%, the latter's stock increased nearly 8%.
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