SEBI hasn’t officially defined microcap stocks, But they are generally considered to be stocks outside the top 500 in terms of market capitalization, typically with a market cap below Rs 1,000 crore.
Investing in microcaps offers the potential for generating multibagger returns, but it also comes with elevated levels of risk. Here is the list of microcap stocks that are fundamentally strong.
Titan Biotech Ltd
Titan Biotech Ltd is engaged in the business of manufacturing & exporting biological products used in the fields of Pharmaceutical, Nutraceutical, Food and beverages, Biotechnology and fermentation, cosmetics, Veterinary and animal Feed, etc.
On 30th October, shares of Titan Biotech Ltd were trading at Rs. 359.85 per share and have given 34 percent in the last 1 year. The company has a market capitalization of 297 crores with a return on capital employed (ROCE) of 27.4 percent and a return on equity of 21.44 percent.
Kilpest India Ltd
Kilpest operates in crop protection, public health products, and bio-products. Additionally, it serves as a supplier to several government organizations, including FCI (Food Corporation of India), NTPC (National Thermal Power Corporation Limited), and the Railway, among others. Furthermore, the company exports its products to both Bangladesh and Afghanistan.
On 30th October, the shares of Kilpest India Ltd closed at Rs.790 per share and have given multibagger returns of 133 percent in the last 1 year. The company has a market capitalization of 527.48 crores with a return on capital employed (ROCE) of 21.6 percent and a return on equity (ROE) of 16 percent.
Aaron Industries Ltd
Incorporated in 2013 Aaron Industries Limited is mainly engaged in the business of Manufacturing Elevators & Elevators Parts and Steel Polishing.
On 30th October, shares of Aaron Industries Ltd closed at Rs. 291.40 per share and has given 86.80 percent returns in the last 1 year. The company has a market capitalization of 278.01 crores, a return on capital employed (ROCE) of 29.88 percent and a return on equity(ROE) of 29.72 percent.
Written by: Vinit Israni
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