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These 8 smallcap stocks surge over 50% in 2022. Do you own any?

The key benchmark indices have fallen about half a percent each in 2022 so far. Meanwhile, a big cut was seen in the smallcap index with a fall of over 5 percent during the same period.

February 17, 2022 / 02:45 PM IST
In this calendar 2022 so far the Indian equity markets traded with high volatility. The benchmark index has fallen just half a percent but the big cut was seen in the smallcap index as it has fallen over 5 percent. Despite being a major impact on the smallcap stocks there are 7 smallcap stocks that are running against the tide and have gained over 50 percent in less than 2 months of 2022 so far (Data Source: ACE Equity). According to moneycontrol SWOT analysis, most of these stocks look fundamentally strong and witness a technical bullishness trend. Have a look at the list.
The Indian equity market has seen high volatility in 2022 so far on the back of Omicron wave, Union Budget, US Fed comments on increasing interest rates, tensions between Russia and Ukraine, and some other domestic and global factors. While the key benchmark indices fell about half a percent each, a big cut was seen in the smallcap index with a fall of over 5 percent. Meanwhile, there are 7 smallcap stocks in the BSE smallcap index that have bucked the trend and have gained over 50 percent in less than 2 months. (Data Source: ACE Equity). According to Moneycontrol SWOT analysis, most of these stocks look fundamentally strong and are witnessing a technical bullish trend. Have a look at the list.
DB Realty | In 2022 so far, the stock has surged 155 percent to Rs 119.2 as on February 16, 2022 from Rs 46.8 as December 31, 2021. However, only stock in the list has more weaknesses than strengths, according to moneycontrol SWOT analysis. It is still trading at an 11 percent discount to its 52-week high of Rs 133.85.
DB Realty | In 2022 so far, the stock has surged 155 percent to Rs 119.2 as on February 16, 2022 from Rs 46.8 as December 31, 2021. However, only stock in the list has more weaknesses than strengths, according to moneycontrol SWOT analysis. It is still trading at an 11 percent discount to its 52-week high of Rs 133.85.
Gujarat Mineral Development Corporation Ltd. | In 2022 so far, the stock has surged 93 percent to Rs 142.25 as on February 16, 2022 from Rs 73.6 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis. It is still trading at a 6 percent discount to its 52-week high of Rs 151.95.
Gujarat Mineral Development Corporation Ltd. | In 2022 so far, the stock has surged 93 percent to Rs 142.25 as on February 16, 2022 from Rs 73.6 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis. It is still trading at a 6 percent discount to its 52-week high of Rs 151.95.
Khaitan Chemicals & Fertilizers Ltd. | In 2022 so far, the stock has surged 66 percent to Rs 106.7 as on February 16, 2022 from Rs 64.3 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis. It is still trading at an 18 percent discount to its 52-week high of Rs 129.6.
Khaitan Chemicals & Fertilizers Ltd. | In 2022 so far, the stock has surged 66 percent to Rs 106.7 as on February 16, 2022 from Rs 64.3 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis. It is still trading at an 18 percent discount to its 52-week high of Rs 129.6.
Sharda Cropchem Ltd. | In 2022 so far, the stock has surged 60 percent to Rs 564.8 as on February 16, 2022 from Rs 353.45 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis. It is still trading at an 16 percent discount to its 52-week high of Rs 673.
Sharda Cropchem Ltd. | In 2022 so far, the stock has surged 60 percent to Rs 564.8 as on February 16, 2022 from Rs 353.45 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis. It is still trading at an 16 percent discount to its 52-week high of Rs 673.
Deepak Fertilisers And Petrochemicals Corporation Ltd. | In 2022 so far, the stock has surged 56 percent to Rs 582.75 as on February 16, 2022 from Rs 373 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis. It is still trading at an 12 percent discount to its 52-week high of Rs 661.9.
Deepak Fertilisers And Petrochemicals Corporation Ltd. | In 2022 so far, the stock has surged 56 percent to Rs 582.75 as on February 16, 2022 from Rs 373 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis. It is still trading at an 12 percent discount to its 52-week high of Rs 661.9.
Nahar Poly Films Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 422.9 as on February 16, 2022 from Rs 279.15 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis.  It is still trading at an 11 percent discount to its 52-week high of Rs 475.
Nahar Poly Films Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 422.9 as on February 16, 2022 from Rs 279.15 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis.  It is still trading at an 11 percent discount to its 52-week high of Rs 475.
Jindal Drilling & Industries Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 199 as on February 16, 2022 from Rs 131.85 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis.  It is still trading at an 10 percent discount to its 52-week high of Rs 221.35.
Jindal Drilling & Industries Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 199 as on February 16, 2022 from Rs 131.85 as December 31, 2021. The stock has more strengths than weaknesses, according to moneycontrol SWOT analysis.  It is still trading at an 10 percent discount to its 52-week high of Rs 221.35.
Kellton Tech Solutions Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 95.25 as on February 16, 2022 from Rs 63.15 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis.  It is still trading at an 29 percent discount to its 52-week high of Rs 134.95.
Kellton Tech Solutions Ltd. | In 2022 so far, the stock has surged 51 percent to Rs 95.25 as on February 16, 2022 from Rs 63.15 as December 31, 2021. The stock has more strengths than weaknesses , according to moneycontrol SWOT analysis.  It is still trading at an 29 percent discount to its 52-week high of Rs 134.95.
Ritesh Presswala Research Analyst at Moneycontrol
first published: Feb 17, 2022 02:45 pm
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