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  1. NIFTY small-cap outperformers: Here are 5 small-cap stocks trading near their 52-week highs

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NIFTY small-cap outperformers: Here are 5 small-cap stocks trading near their 52-week highs

Upstox

3 min read | Updated on November 27, 2024, 16:37 IST

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SUMMARY

These five small-cap stocks, trading within 5% of their 52-week highs, exhibit strong financial performance and consistent growth, reflecting investor confidence and potential for continued momentum.

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NIFTY smallcap 100 has outperformed the benchmark indices in the recent pull back in the markets.

The small-cap index has shown relative outperformance in the last couple of sessions against the frontline indices. On Wednesday, the Nifty small-cap 100 index extended its rally for the fourth straight day and with this, it has retracted over 61.8% of the prior fall. With sentiments improving with back-to-back buying from the FII camp.

These small caps are trading within 5% of their 52-week highs. Here are 5 small-cap stocks that meet these criteria.

Top 5 Small-Cap Stocks Trading Within 5% of Their 52-Week Highs

Pitti Engineering Ltd

Pitti Engineering Ltd. manufactures electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, press tools, and metal component machining. The company’s market capitalisation is ₹4,922 crore. In Q2FY25, it reported a consolidated revenue of ₹429 crore, marking a 41.89% YoY growth, its highest quarterly figure to date. Its 3-year revenue CAGR (FY21–FY24) stood at 32.4%, while profits tripled from ₹29 crore to ₹90 crore (including other income) during the same period. The stock is trading 4.71% below its 52-week high at ₹1,386. pitti.png

Deep Industries Ltd

Deep Industries Ltd provides services in air and gas, drilling and workover, gas dehydration, and more. With a market capitalization of ₹3,246 crore, the company posted a Q2FY25 revenue of ₹131 crore, reflecting a 28.92% YoY growth and its highest-ever quarterly figure. Over three years (FY21–FY24), its revenue CAGR was 30%, while profits nearly doubled from ₹65 crore to ₹125 crore (including other income). The stock is currently trading 4.86% below its 52-week high level of ₹535 at ₹507.
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Igarashi Motors India Ltd

Igarashi Motors India Ltd produces and exports permanent magnet DC motors for the passenger vehicle segment. The company’s market capitalisation is ₹2,416 crore. In Q2FY25, it reported a revenue of ₹216 crore, up 21.09% YoY. Although its profits declined from ₹26 crore to ₹10 crore between FY21 and FY24, its TTM profit stands at ₹23 crore. Its 3-year revenue CAGR is 10.8%. The stock is trading 6.95% below its 52-week high level of ₹817 at ₹758.
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Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd, part of the Thirumalai Group, manufactures and sells chemicals like PAN and DEP. The company has a market capitalisation of ₹3,534 crore.

In Q2FY25, its revenue fell by 3.12% YoY to ₹525 crore, with the highest revenue recorded at ₹621 crore in June 2022. While its 3-year revenue CAGR was 24.2%, profits declined from ₹118 crore to a loss of ₹39 crore, and its OPM contracted from 20% to 2% due to a cyclical downturn.

The stock is trading 4.37% below its 52-week high level of ₹362 at ₹347. thirumalai.png

Gokul Agro Resources Ltd

Gokul Agro Resources Ltd focuses on manufacturing and processing edible and non-edible oils and meals. With a market capitalisation of ₹4,898 crore, the company reported a Q2FY25 revenue of ₹4,812 crore, reflecting a 16.84% YoY growth, its highest-ever quarterly number. Its 3-year revenue CAGR is 18.3%, while profits tripled from ₹45 crore to ₹136 crore. Cash equivalents also rose from ₹234 crore in March 2021 to ₹534 crore in September 2024.

The stock is trading 3% below its 52-week high level of ₹342 at ₹331.

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