75 smallcap stocks that have offered double-digit weekly returns in bearish market
Indian markets experienced bearishness during the week, with a focus on economic data as inflation concerns dented domestic sentiments.
During the week, as many as 75 smallcap stocks delivered double-digit weekly returns, with 6 of them offering over 25% returns.
Talbros Automotive Component was the top gainer in the smallcap segment with a nearly 31% return, followed by Zen Technologies (28.5%), Tasty Bite Eatables (28%), and Banco Products (27%).
About 9 stocks, including Bajaj Hindusthan, Onmobile Global, Force Motors, Windlas Biotech, ZEE Media, and BF Utilities, offered returns between 20 and 25% during the week.
In the midcap segment, 9 stocks, including Gland Pharma, Indian Overseas Bank, and JSW Energy, rose in double digits. Gland Pharma gained 23.56%, while Indian Overseas Bank and JSW Energy were up over 16% each.
From the Sensex pack, Mahindra and Mahindra topped the charts with 5.5% returns, followed by Titan at 3.87% and Tech Mahindra at 3.8%.
The week began with moderate gains, led by strong performances in the pharma and IT sectors.
However, uncertainties surrounding economic data releases and the RBI’s policy announcement hindered substantial moves.
Bymoneycontrol
