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.
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.
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.
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.
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.