While the Nifty 50 has struggled to gather momentum, India's smallcap space has continued to outperform. Experts suggest that smallcap stocks currently offer more disproportionate growth opportunities than largecaps. Here's a look at the top 10 best-performing smallcap stocks by YTD returns.
HFCL Ltd.
HFCL Ltd. emerged as the top-performing smallcap stock in the list, delivering a 212.86% year-to-date (YTD) return.
Aditya Infotech Ltd.
Aditya Infotech Ltd. ranked second among the top-performing smallcaps with a 139.70% YTD return.
Acutaas Chemicals Ltd.
Acutaas Chemicals Ltd. secured the third spot after generating a 109.25% YTD return.
Syrma SGS Technology Ltd.
Syrma SGS Technology Ltd. featured among the top gainers with a 93.90% YTD return.
Kirloskar Oil Engines Ltd.
Kirloskar Oil Engines Ltd. delivered a 92.08% YTD return, placing it among the top-performing smallcap stocks.
Schneider Electric Infrastructure Ltd.
Schneider Electric Infrastructure Ltd. posted a 91.87% YTD return, making it one of the standout smallcaps this year.
Emmvee Photovoltaic Power Ltd.
Emmvee Photovoltaic Power Ltd. recorded a 82.97% YTD return and featured in the top 10 performers.
Welspun Corp Ltd.
Welspun Corp Ltd. generated a 81.43% YTD return, earning a place among the best-performing smallcap stocks.
Aegis Logistics
Aegis Logistics Ltd. delivered a 74.85% YTD return so far this year.
Cemindia Projects Ltd.
Cemindia Projects Ltd. rounded off the top 10 list with a 73.82% YTD return.