The smallcap stocks of the indian stock market are witnessing a tremendous boom these days. The BSE Smallcap Index has not only outperformed the Sensex and Midcap Index by performing brilliantly in the last few weeks, but many stocks have shown a gain of more than 100 percent in the last 3 months.
Strength and performance of the Smallcap Index
On wednesday at 2:31 pm, the BSE Smallcap Index was up 0.54 percent at 52,146, while the Sensex was down 0.19 percent and the Midcap Index was almost stable. It is worth noting that the Smallcap Index has come up about 27 percent from its 52-week low of 41,013 on May 7, 2025.
Stocks that touched all-time high
More than 18 stocks of the BSE Smallcap Index touched their highest level ever in intra-day trade on Wednesday. These include names like Eris Lifesciences, Apollo Micro Systems, Force Motors, Paradeep Phosphates, india Glycols, EID Parry and Hitachi Energy India.
These 13 stocks doubled returns in three months
There have been a total of 13 stocks that have given double or more returns from their three-month low. Of these, 6 stocks are directly from the defense and aerospace sector. Like Garden Reach Shipbuilders & Engineers (GRSE), NIBE, Bharat Dynamics (BDL), Data Patterns (India), Paras Defense and Space Technologies and Astra Microwave Products.
Reasons for the boom in the defense sector
The recent tension between india and pakistan and the government giving priority to indigenous defense systems have led to a tremendous increase in the demand for these companies. Many defense companies have successfully tested their systems, which has further increased investor confidence.
Stars of the Fertilizer and Chemical Sector
Stocks like Paradeep Phosphates and mangalore Chemicals & Fertilizers have also doubled their prices in the last three months. Along with these, names like Centum Electronics, NACL Industries, Cupid and Cosmo First are also included in the list of excellent performing stocks.
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