So far, 37 stocks included in the BSE Smallcap Index have shown a 15 per cent growth in sales and profits in the March quarter on an annual basis.
Indian markets have come half way to the fourth quarter results. So far, 97 out of 689 companies included in the BSE Smallcap Index have given their results. So far, 37 stocks included in the BSE Smallcap Index have shown a 15 per cent year-on-year growth in sales and profits in the March quarter on a year-on-year basis.
Of these, 5 stocks have been such that in this period there has been an increase of 100 -234 per cent. Barring Delta Corp, 36 stocks have given positive returns in 2021. Of these, 5 stocks have seen an increase of 100 to 234 per cent.
Adani Total Gas | The stock stood at Rs 1,252.50 on 4 May 2021, up 234 per cent from Rs 374.90 on 31 December 2020. The company’s net sales in the March quarter has seen an increase of 25 per cent year-on-year and has increased to Rs 614 crore from Rs 490 crore in the March quarter of last year. The company’s profit has also seen an increase of 19 per cent year-on-year in the March quarter and has increased to Rs 145 crore from Rs 122 crore in the March quarter of the previous year.
Tata Elxsi | The stock was up 111 per cent from Rs 1832.85 as on 31 December 2020 to Rs 3859.45 on 4 May 2021. The company’s net sales in the March quarter has seen an 18 per cent growth year-on-year and has increased to Rs 518 crore from Rs 439 crore in the March quarter of last year. The company’s profits have also seen an increase of 40 per cent year-on-year in the March quarter and has increased to Rs 115 crore from Rs 82 crore in the March quarter of the previous year.
Tata Steel BSL Ltd. | On May 4, 2021, the stock was up 148 per cent from Rs 39.80 as on 31 December 2020 to Rs 98.65. The company’s net sales in the March quarter has seen a 67 per cent year-on-year growth and has increased to Rs 6774 crore from Rs 4065 crore in the March quarter of last year. The company’s profit has also seen an increase on an annual basis in the March quarter and has increased to Rs 1913 crore from Rs 6 crore in the March quarter of the previous year.
Morepen Laboratories Ltd. | The stock was showing a gain of 113 per cent from Rs 30.70 as on 31 December 2020 to Rs 65.25 on 4 May 2021. The company’s net sales in the March quarter has seen an increase of 39 per cent year-on-year and it has increased to Rs 287 crore from Rs 207 crore in the March quarter of last year. The company’s profit has also seen an increase of 143 per cent year-on-year in the March quarter and has increased to Rs 27 crore from Rs 11 crore in the March quarter of the previous year.
Tata Elxsi Ltd. | The stock was up 111 per cent from Rs 1832.85 as on 31 December 2020 to Rs 3859.45 on 4 May 2021. The company’s net sales in the March quarter has seen an 18 per cent growth year-on-year and has increased to Rs 518 crore from Rs 439 crore in the March quarter of last year. The company’s profits have also seen an increase of 40 per cent year-on-year in the March quarter and has increased to Rs 115 crore from Rs 82 crore in the March quarter of the previous year.
Gateway Distriparks Ltd. | The stock was up 100 per cent from Rs 121.80 as on 31 December 2020 to Rs 243.60 on 4 May 2021. The company’s net sales in the March quarter has seen an increase of 17 per cent year-on-year and it has increased to Rs 350 crore from Rs 299 crore in the March quarter of last year. The company’s profit has also seen an increase of 318 per cent year-on-year in the March quarter and has increased to Rs 46 crore from Rs 11 crore in the March quarter of the previous year.
