The BSE Small-Cap index has outperformed the BSE Sensex in the last one month. The BSE Small-Cap index has risen 13.04%, from 23,422 to 26,477 (as of July 20). while Sensex gained 7.49% during the same period.
In the last six months, three stocks in the BSE Small-Cap index have increased by 100 to 160 per cent, while 20 have increased by 50 to 100%.
Chennai Petroleum
With a rally of above 150 per cent, Chennai Petro emerged as the top gainer in the list. In the last six months, the stock has surged from around ₹108 to ₹284 levels, logging a near-162.96 per cent rise in this period.
During Wednesday's intraday, the share price opened with a gap up and touched a high of ₹296.65 on the NSE after the government cut windfall tax on fuel exports. It then closed nearly 7.51% higher at Rs. 286.55.
In the last one year, Chennai petro share price has surged from ₹133 to ₹284 levels, ascending to the tune of nearly 113.53 per cent in this period.
The stock traded at a price-to-earnings (P/E) multiple of 3.05, while the price-to-book value ratio stood at 90.80. The return on equity (ROE) was at 45.26 per cent in the March 2022 quarter.
According to Mint, Ace Investor Dolly Khanna has added Chennai Petro to her portfolio during Q1FY23.
According to the Chennai Petroleum Corporation Limited shareholding pattern for the April to June 2022 period, Dolly Khanna holds 48,69,474 company shares, which is 3.27 per cent of the total paid-up capital of the company.
Chennai Petro's net profit increased 314.05% to ₹1001.92 crore in the March 2022 quarter, while it increased 331.04% sequentially. Net margins stood at 6.10% in the Mar-22 quarter compared to 2.77% in Mar-21. NPM was higher sequentially compared to 2.34% in Q3.
The revenue from operations rose 87.38 per cent to ₹16,426.9 crore, as against ₹8,766.2 crore in the corresponding quarter of the preceding fiscal.
Chennai Petroleum is a subsidiary of Indian Oil Corporation and is under the ownership of the Ministry of Petroleum and Natural Gas. The company mainly is in the business of oil refineries.
Vadilal Industries
Vadilal Industries was the second top gainer in the BSE small cap index. The stock has climbed from ₹902 to ₹2069 in the last six months, generating a multi-bagger return of 129.37 per cent.
Further, in the last 3-year period, the stock has surged from ₹493 to ₹2069 a piece, logging nearly 319.67 per cent.
The stock's 52-week high and low prices were each Rs. 823.8 and Rs. 2,247, respectively. Considering the stock's current price, it has increased by 154.55 per cent from its 52-week low.
For the January-March quarter (Q4FY22), the company reported a 31 per cent year-on-year (YoY) jump in consolidated profit after tax (PAT) at ₹21.69 crore against ₹16.54 crore in Q4FY21.
Vadilal Industries is engaged in the business of manufacturing ice cream, flavoured milk, frozen desserts, processed foods, and other dairy products. It is also engaged in the export of ice cream, dairy products, processed food products such as frozen fruits, vegetables, pulp, ready-to-eat and ready-to-serve products etc.
| Scrip Name | 6 Month Returns(%) |
| Chennai Petroleum Corporation | 162.96% |
| Vadilal Industries | 123.7% |
| BLS International Services | 105.9% |
| Sharda Cropchem Ltd | 88.8% |
| J Kumar Infraprojects | 88.2% |
| Oreint Bell | 87.3% |
| TCPL Packaging | 85.4% |
| CreditAccess Grameen | 81.7% |
| Meghmani Finchem | 80.4% |
| Arman Financial Services | 73.7% |
| Elecon Engineering Company | 70.0% |
| MRPL | 68.8% |
| Tamil nadu Newsprint and Papers | 66.3% |
| Voltamp Tranformers | 66.3% |
| Mirza International | 65.3% |
| Nava Bharat ventures | 64.9% |
| Mahindra Life space Developers | 63.3% |
| Gujarat Ambuja Exports | 63.1% |
| Ganesh Housing corporation | 58.9% |
| Navakar Corporation | 56.1% |
| Andhra paper Ltd | 55.8% |
| Bharat Dynamics | 55.7% |
| Shree Renuke Sugars | 52.7% |
BLS International
The next on the list was BLS International Services. The multi-bagger stock has delivered a fabulous return of over 105 per cent in the last six months and 266 per cent in the last one year.
The stock has climbed from ₹57.60 on July 21, 2019, to its current level of ₹235.90, representing a multi-bagger return of 309.54 per cent.
The stock touched a 52-week-high of ₹245 on July 19th, 2022 and a 52-week-low of ₹64.4 on July 26th, 2021, indicating that at the current level the stock is trading at 267.16% above its 52-week low.
On the technical charts, the stock is trading 71.01% above its 200-day moving average. On the other hand, the Relative Strength Index (RSI) of the stock stands at 73.4.
BLS International Services' net profit increased by 50.12 per cent year on year (YoY) to ₹35.3 crore in the fourth quarter ended March 31, 2022. In the corresponding quarter last year, the company posted a net profit of ₹23.5 crore.
The company's Return on Equity (ROE) in FY22 increased to 19.52 per cent, as against 10.90% in FY21.
As reported by PTI, on June 11, global financial services firm Nomura Singapore bought 12.5 lakh shares in the company at an average price of ₹214/share, aggregating ₹26.75 crore.
FIIs raised their stake in the company from 1.2% in March 2021 to 3.9% in March 2022.
The company is engaged in the business of providing outsourcing and administrative tasks of visa, passport, and consular services to various diplomatic missions across the world.
Sharda Cropchem Ltd
Sharda Cropchem Ltd. is the fourth top gainer in the BSE small-cap Index. This is again a multi-bagger scrip with returns to the tune of 88.8% in the last six months. The company is engaged in the export of agrochemicals (technical grade and formulations) and non-agro products such as conveyor belts, rubber belts/sheets, dyes and dye intermediates to various countries across the world.
Shares of Sharda Cropchem closed at ₹681.10 on the NSE in Wednesday's trade, with the stock gaining over Rs. 99.26 per cent to Rs. 681.10 in the last one year and 116.31% in the last 3 years. The stock's 52-week high and low prices were Rs. 769.2 and Rs. 285.6, respectively. Considering yesterday's closing price, the stock has gained 140.21% since its 52-week low.
At the prevailing price, the stock traded at 17.2 times its trailing 12-month EPS of ₹28.7 per share and 3.21 times its book value.
The company's net profit surged 128.87 per cent YoY to ₹349.30 crore, which is one of the highest in the industry, Trendlyne data showed. The revenue from operations rose 47.80 per cent to ₹3,618.5 crore, as against ₹2,441.5 crore in the corresponding quarter of the preceding fiscal.
Sharda Cropchem Return on equity (ROE) increased to 18.26 per cent in FY22, up from 14.19% in FY21.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of MintGenie.
