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Top 6 smallcap stocks that have gained over 75% in 2022 plunging market

The Sensex has lost 6.5 percent, so far, in 2022, and the BSE smallcap index is down more than 10 percent. Smallcaps normally see the steepest fall when the market slides but seven stocks have bucked the trend.

Top 6 smallcap stocks that have gained over 75% in 2022 plunging market
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Top 6 smallcap stocks that have gained over 75% in 2022 plunging market

The Sensex has lost 6.5 percent, so far, in 2022, and the BSE smallcap index is down more than 10 percent. Smallcaps normally see the steepest fall when the market slides but seven stocks have bucked the trend.

But there are seven smallcap stocks that have gone against the tide to gain more than 75 percent in 2022, so far.

1. Chennai Petroleum Corporation Ltd. | In 2022 so far, the stock has gained 176 percent to Rs 283.65 as on May 09, 2022 from Rs 102.60 as December 31, 2021.

2. Gujarat Mineral Development Corporation Ltd. | In 2022 so far, the stock has gained 136 percent to Rs 173.95 as on May 09, 2022 from Rs 73.60 as December 31, 2021.

3. Vadilal Industries Ltd. | In 2022 so far, the stock has gained 95 percent to Rs 1777.95 as on May 09, 2022 from Rs 909.70 as December 31, 2021.

4. TGV SRACC Ltd. | In 2022 so far, the stock has gained 87 percent to Rs 91.90 as on May 09, 2022 from Rs 49.15 as December 31, 2021.

5. BLS International Services Ltd. | In 2022 so far, the stock has gained 79 percent to Rs 340.00 as on May 09, 2022 from Rs 189.95 as December 31, 2021.

6. Meghmani Finechem Ltd | In 2022 so far, the stock has gained 79 percent to Rs 1350.20 as on May 09, 2022 from Rs 755.10 as December 31, 2021.

Dwaipayan Bhattacharjee
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