Excel Realty to Monotype India: Three stocks under ₹50 gave returns up to 65% in November

Domestic markets have witnessed a healthy correction in the last few weeks. As of 19 November closing, the NIFTY50 index is down 10.4% from its all-time high of 26,277, while SENSEX is down 9.7% from its lifetime high of 85,978.

Benchmark indices are trading under pressure amid weak Q2 earnings, a rise in October inflation to 6.21%, continued sell-off by foreign investors and escalation in global geopolitical tensions.

Amid this stock market decline, some stocks have managed to buck the trend and have given returns in the range of 25% to 51% so far in November.

These three stocks are from the micro-cap category, meaning their market capitalisation is below ₹1000 crore. They are priced below ₹50 and had a last trading volume exceeding 5 lakh shares. Here’s the full list:

Excel Realty N Infra (MTD stock return: 65.1%)

Shares of Excel Realty N Infra Ltd have gained over 65% this month. In the last one year the shares have climbed more than 282.86%.

The stock hit a fresh 52-week high of ₹1.47 per share today. Excel Realty N Infra Ltd market capitalisation stood at ₹189.03 crore.

In its quarterly results, released on October 29, the company reported a consolidated total revenue at ₹4.09 crore in Q2FY25, up over 476% against ₹0.71 crore crore in the year-ago period. The company’s profit-after-tax for Q2FY25 grew by over 411% to ₹1.1 crore from ₹21.55 lakh in Q2FY24.

Excel Realty N Infra is engaged in providing information technology (IT)- enabled business process outsourcing (BPO) services and developing infrastructure facilities.

Monotype India (MTD stock return: 47.8%)

This BSE-listed stock has surged 47.8% so far this month while rallying over 144% in the past one year. Shares of Monotype India hit the 5% upper circuit limit at ₹1.39 apiece on the BSE on Thursday. The company’s market capitalisation stood at ₹97.7 crore.

Monotype India is an investment company that deals in shares, offers financial services, and makes investments. The company’s revenue from operations for the September quarter of FY25 increased 1,088% to ₹25.32 crore from ₹2.13 crore in the September quarter of FY24. In Q2FY25, the company’s profit-after-tax also grew over 100% to ₹2.99 crore from ₹1.49 crore in Q2FY24.

Gayatri Highways (MTD stock return: 27%)

Gayatri Highways Ltd shares have gained over 27% in November and 63.8% in the last one year. Shares of Gayatri Highways closed at ₹1.69 apiece on NSE. The stock touched a fresh 52-week high of ₹1.7 apiece on the NSE on Thursday. Gayatri Highways market capitalisation stood at ₹37.87 crore.

Gayatri Highways provides infrastructure construction services. The company constructs dams, highways, bridges, canals, and ports and undertakes thermal, hydro, and wind power projects. On November 12, the company released its financial results for the September quarter of FY25.

It reported net sales of ₹0.65 crore in September 2024, up 261.22% from ₹0.18 crore in September 2023. Meanwhile, its quarterly net loss stood at ₹45.24 crore in September 2024, which is lower than a net loss of ₹98.96 crore in September 2023.

Besides these three micro-cap stocks, Maximus International and Amforge Industries have also seen decent investor traction in November. BSE-listed Maximus International rose 16% so far this month. Maximus International is a manufacturer and distributor of lubricants, lube base oils, and other petrochemical products used in industries such as automotive. Financial service provider Amforge Industries shares are up 11.7% in November.