Business Standard

Small company stocks yield big returns

M-cap rises by 210% in a year

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Deepak Korgaonkar Mumbai

Share price on BSE in Rs

Jul 13,04

Jul 13,05

% chg

Sanjivani Paranteral

2.17

82.45

3699.54

Indo Green Projects

1.51

49.1

3151.66

Yashraj Containeurs

1.01

31.55

3023.76

Kemp & Company

14.13

346.8

2354.35

Sunshield Chemicals

1.72

38.79

2155.23

Micro Technologies

11.77

236.2

1906.8

Taneja Aerospace and Aviation

4.33

83.95

1838.8

Gopala Polyplast

1.05

19.75

1780.95

Indo Borax & Chemicals

2.5

46.85

1774

Spectra Industries

1.26

23.21

1742.06

 The market capitalisation (the number of equity shares multiplied by the market price of each share) indicates the company's valuation as perceived by the stock market. The small and medium cap companies (with the current market capitalisation below Rs 200 crore) are traded on the Bombay Stock Exchange under B1, B, S, T&TS and Z group categories.  There are about 602 companies with registered office in the western region. Almost all these companies (The market value of only 13 companies declined during the last one year) have been value creators. The 589 companies increased investors wealth by whopping Rs 32,186 crore (up 220 per cent) while 16 of them destroyed it by Rs 207 crore (down 33 per cent).  Thirty three companies increased their investor's value by over 1000 per cent each, with Eltrol being the biggest value creator in the last one year. The market value of 77 companies surged between 500 and 1000 per cent each while 384 appreciated between 100 and 500 per cent.  The market value of 60 companies up between 50 and 100 per cent while 35 others posted up to 50 per cent returns.  Among the SME stocks, those traded under the B group saw their market capitalisation appreciate by 323 per cent in the last one year. Almost 92 per cent B group companies' value appreciated by over 100 per cent, with a sole loser.  Z group companies too joined the market boom posting 290 per cent appreciation in market capitalisation. Of the 39 stock traded under Z group, as many as 22 gained by over 100 per cent each.  Trade to trade categories stocks increased investors wealth by over 196 per cent with 97 per cent stocks traded under T&TS group appreciated over 100 per cent.

  

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First Published: Jul 14 2005 | 12:00 AM IST

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