11 microcap stocks surge over 100% in a year, but 7 hit rough patch
In the past year, 11 Nifty microcap stocks gave big returns to early investors by becoming multibaggers. But the market is unpredictable — 7 of these stocks have dropped 10-30% from their 52-week high levels. Still, many investors see this dip as a chance to buy again, hoping the prices will go up soon. Momentum can help some stocks rise, but it can also lead others to fall further. It’s important to know that the Nifty Microcap 250 index only grew by 2.34% in the year, while the benchmark index Nifty rose by 5.5%. Remember, past gains don’t guarantee future profits. (ACE Equity)
Agencies
Over the past year, the stock surged 172%, rising from Rs 5.09 to Rs 13.80. However, it has since dropped 29.44% from its 52-week high of Rs 19.60.
ETMarkets.com
The stock rallied 136% in one year, climbing from Rs 560.95 to Rs 1324.40. It is currently down 29.97% from its 52-week high of Rs 1891.10.
ETMarkets.com
In the last year, the stock gained 128%, moving from Rs 919.40 to Rs 2097.30. It has fallen slightly by 1.96% from its 52-week high of Rs 2139.30.
ETMarkets.com
The stock rose 119% over the year, from Rs 776.70 to Rs 1699.60, but is now 9.84% below its 52-week high of Rs 1885.00.
ANI
The stock gained 113% in the past year, increasing from Rs 211.27 to Rs 449.40. It has dropped 25.11% from its 52-week high of Rs 600.00.
ANI
7/12
Over the year, the stock jumped 112%, from Rs 719.80 to Rs 1525.40, but has slipped 11.21% from its 52-week high of Rs 1718.05.
ETMarkets.com
8/12
The stock surged 112%, moving from Rs 187.55 to Rs 396.80. It is currently down 6.65% from its 52-week high of Rs 425.00.
Agencies
The stock rose 105% in the last year, from Rs 475.55 to Rs 976.20. It has fallen 3.49% from its 52-week high of Rs 1011.45.
ETMarkets.com
The stock climbed 103%, from Rs 413.00 to Rs 837.70, but is 15.01% below its 52-week high of Rs 985.60.
ETMarkets.com
11/12
The stock gained 102% over the year, moving from Rs 348.25 to Rs 703.40. It has dropped 20.97% from its 52-week high of Rs 890.00.
ANI
The stock doubled, rising 100% from Rs 319.15 to Rs 638.40, yet is down 26.93% from its 52-week high of Rs 873.65.
ETMarkets.com
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