34 stocks from smallcap index rally over 50% post September quarter results

Sanwaria Consumer, Morepen Lab, Godwari Power Ispat, Waterbase, MIRC Electronics, Puravankara and Sterling Tools are among 34 stocks from the S&P BSE Smallcap index rallied up to 225% post Q2 results.

Sanwaria Consumer, Morepen Laboratories, Godwari Power Ispat, Waterbase, MIRC Electronics, Puravankara and Sterling Tools are among 34 stocks from the S&P BSE Smallcap index that rallied up to 225% after these companies announced their respective September quarter (Q2FY18) results.

Action Construction Company, Set Automotive, Jai Corp, Bhansali Engineering Polymers, GM Breweries, Goodricke Group and Butterfly Gandhimati Appliances also surged more than 50% post Q2FY18 results. By comparison, the S&P BSE Sensex recorded an average gain of 3.4% during the period.

The combined net profit of these 34 companies increased by 91% to Rs 616 crore in Q2FY18 against