Microcap Stocks Soar: 11 Stocks Surge Up to 590% in One Year
MFs’ Favourites: 11 microcap stocks surge 100–250% in just 1 year
The Economic Times
Image: The Economic Times
While the Nifty50 index gained only 2% over the past year, 11 microcap stocks surged between 100% and 590%, significantly enhancing investor wealth. Notably, Cupid led with a remarkable 590% increase, reflecting strong institutional interest from mutual funds.
- 01Nifty50 index rose just 2% in the past year.
- 0211 microcap stocks surged between 100% and 590%.
- 03Cupid topped the list with a 590% increase.
- 04MTAR Technologies and Quality Power also saw substantial gains.
- 05These stocks are held by multiple mutual fund schemes, indicating institutional confidence.
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In a year where the Nifty50 index only managed a 2% gain, the microcap segment displayed extraordinary performance with 11 stocks achieving remarkable increases between 100% and 590%. Cupid led the charge with a 590% surge, although it was held by only seven mutual fund schemes. Other notable performers include MTAR Technologies, which rose 246% from ₹1,404 to ₹4,858, and Quality Power Electrical Equipments, which saw a 245% increase from ₹350 to ₹1,206. These stocks are backed by substantial holdings from mutual funds, with MTAR Technologies held by 52 schemes worth ₹2,503 crore and Quality Power held by 19 schemes valued at ₹248 crore. The strong performance of these microcap stocks reflects growing institutional confidence, making them attractive options for investors looking to capitalize on high-growth opportunities.
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The significant gains in microcap stocks could lead to increased investor interest and potential inflows into these stocks, benefiting home investors and mutual fund holders.
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