As the equity markets worldwide faced turmoil due to rate hikes, hyperinflation and recession, Nifty Smallcap 100 index managed to rally around 11.6 per cent in the September quarter. Within the smallcap category, 5 stocks doubled investors' money in the quarter.
Agencies
2/6
Vinyl Chemicals - 144%
The chemical stock gained 144 per cent in the July-September quarter of FY23. The smallcap stock has a market capitalization of Rs 1,144 crore. From 52-week high, the stock is down 34.42 per cent.
iStock
3/6
TGV SRACC - 135.92%
The chemical company surged 135.92 per cent in the July-September quarter of FY23. The stock has risen 273 per cent from its 52-week low. TGV SRACC has a market capitalization of Rs 1,761.1 crore.
Agencies
4/6
Transformers & Rectifiers (India) - 113.60
The stock surged 133.60 per cent in the July-September of FY23. The stock also touched a 52-week high of Rs 61.8 on Monday. Transformers & Rectifiers has a market capitalization of Rs 790.1 crore.
Reuters
5/6
Power Mech Projects - 102.49%
The construction company gained 102.49 per cent in the July-September quarter of FY23. The stock also surged 126 per cent from its 52-week low. Power Mech Projects has a market capitalization of Rs 2,675.9 crore.
6/6
Mazagon Dock Shipbuilders - 100.39%
The defence PSU surged over 100 per cent in the July-September quarter. The stock also touched its 52-week high today.
