Jun 26, 2024

​Post-Election Market Recovery: 8 smallcap stocks surge 55-100% in just over 20 days

Ritesh Presswala, ETMarkets.com

​On A High

On the day of the Indian Lok Sabha election results, Indian equities took a sharp dive, suggesting that the BJP might not have won as many seats as the market had anticipated, causing the Sensex to drop by about 6%. However, the next day, the market rebounded and has been steadily rising since then, with the Sensex climbing approximately 8% and the small-cap index surging around 16%. In this rally, 8 small-cap stocks have soared over 55% in just over 20 days. (Data Source: ACE Equity)

Image Source: ETMarkets.com

​Moschip Technologies

Post Election Gain (June 4-25): 101% | CMP: Rs 298

Image Source: ETMarkets.com

​GTL Infrastructure

Post Election Gain (June 4-25): 89% | CMP: Rs 3

Image Source: ETMarkets.com

​Paras Defence And Space Technologies

Post Election Gain (June 4-25): 74% | CMP: Rs 1420

Image Source: ETMarkets.com

​PTC Industries

Post Election Gain (June 4-25): 64% | CMP: Rs 13453

Image Source: ETMarkets.com

​Marathon Nextgen Realty

Post Election Gain (June 4-25): 58% | CMP: Rs 578

Image Source: ETMarkets.com

​IFB Industries

Post Election Gain (June 4-25): 57% | CMP: Rs 1675

Image Source: ETMarkets.com

Vishnu Chemicals

Post Election Gain (June 4-25): 55% | CMP: Rs 442

Image Source: ETMarkets.com

​Honda India Power Products

Post Election Gain (June 4-25): 55% | CMP: Rs 3808

Image Source: ETMarkets.com

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