Smallcaps in Review | From BSE to Angel One, here are the top 10 smallcap gainers of 2023; check full list

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Also Read: Nifty 50 set to clock healthy double-digit gains in 2023; what are the key challenges for the market in 2024? Among key broader indices, the Nifty Smallcap 250 represents 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation (MCap) companies.

The Nifty Smallcap 250 index represents about eight per cent of the free float MCap of the stocks listed on NSE as on September 29, 2023. The total traded value for the last six months ending September 2023, of all index constituents is approximately 15.5 per cent of the traded value of all stocks on NSE, according to the stock exchange.

In the last one year, the top 10 smallcap gainers logged a double digit rise in their stock prices and rose in the range of 150-350 per cent YTD on the Nifty Smallcap 250. According to Bloomberg data, here are the top 10 smallcap gainers of 2023 and the cumulative change in their share price during 2023: 1.BSE Ltd: At a current market price (CMP) of ₹2,310, the stock has emerged as the biggest smallcap gainer of 2023, logging a sharp 331.93 per cent increase in its stock price.

2.Cyient Ltd: At a current CMP of ₹2,353, the stock has emerged as the second biggest smallcap gainer of 2023, logging a sharp 200.15 per cent increase in its stock price. 3.Zensar Technologies Ltd: At a current CMP of ₹618.80, the stock has emerged as the third biggest smallcap gainer of 2023, logging a sharp 195.20 per cent increase in its stock price.

4.ITI Ltd: At a current CMP of ₹618.80, the stock has emerged as the fourth biggest smallcap gainer of 2023, recording a 193.92 per cent increase in its stock price over the year. 5.JBM Auto Ltd: At a current CMP of ₹1,442.95, the stock