Small-cap companies are those that have a market capitalization of less than ₹ 5,000 crores. As the name suggests, these companies are relatively small in size but have significant growth potential. However, SEBI’s rules state that all the companies that are ranked from the 251st position onwards in terms of market capitalization are automatically categorised as small-cap companies.
Investing in small-cap companies is risky as compared to investing in mid-cap or large-cap companies. Investors should analyse the fundamentals of small-cap companies thoroughly before investing in them. Here are a few small-cap stocks that have almost 20% today:
Seamec Limited:
Seamec Limited is India’s leading provider of diver support vessel-based diving services along with utility services. Further, it provides bulk carrier services. The shares of the company got locked at ₹ 1040.95 apiece as they gained 20% on Monday’s intraday trades.
Ritesh Properties & Industries Limited:
The company is engaged in the development of an approved Integrated Industrial Park in Ludhiana. It started with agricultural products in 1987 and has since diversified its product portfolio. Its shares got locked at a 20% upper circuit on Monday at ₹ 390.00 apiece.
Sakuma Exports Limited
The company is engaged in buying, processing, marketing, and exporting bulk agricultural commodities like sugar, edible oils and pulses. In addition, it provides innovative financial structured products linked to physical commodities. Its shares closed at ₹ 16.40 apiece after they gained 19.71% on Monday’s intraday trade.
Written by Simran Bafna
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
