Nine BSE SmallCap stocks priced under ₹100 gained between 135% and 605% in a year

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BSE SmallCap index this year so far has rallied 37.61%, outperforming the benchmark Nifty 50 by a wide margin. With their sustained robust performance, it is increasingly crucial for investors to meticulously assess and contemplate the potential benefits of diversifying their portfolios with these burgeoning small-cap stocks. Amid this bullish trend, nine small-cap stocks, which were trading between ₹5 and 15 apiece a year ago, have zoomed tremendously to trade between ₹30 and 65 apiece currently.

Among these, Lloyds Enterprises stands out, witnessing an exceptional 605% surge over the past year, with the shares rising from ₹5.13 to ₹36.20 apiece. Suzlon Energy shares followed suit as they rallied 413.9% in a year, spiking from ₹7.90 apiece to ₹40.60. The stock began its one-way rally in April, consistently closing each subsequent month with positive returns until September.

Among these months, May was the standout performer with a remarkable rally of 41.6%, followed by June with a return of 30%. This sharp uptick in shares was attributed to the company's strong order wins and strong financial performance. Taking the stock's current market price of ₹40.60 apiece into consideration, the stock is trading at a 12-year high.

Next up, Lloyds Engineering Works (formerly Lloyds Steels Industries) witnessed an astounding surge in its stock price, soaring from ₹12.85 apiece a year ago to the current market price of ₹46.95 per share, resulting in a stellar rally of 265%. Following a period of lackluster performance in CY18 and CY19, the company's shares made a remarkable comeback in CY20, ending the year with an impressive 104% return. The subsequent year witnessed an extraordinary rally of 1920%, and in the ongoing year, the